Sunday, August 31, 2008

OMV Plans to Set Up a Gas-fired Power Plant in Turkey

"OMV Plans to Set Up a Gas-fired Power Plant in Turkey

Sunday, August 31, 2008

OMV, Central Europe’s leading oil and gas company, strengthens its power generation activities using natural gas. After the kick off for the set up of a 860 MW gas-fired power plant at the Petrom refinery in Petrobrazi (Romania) and the planning of a gas-fired power plant in Haiming (Germany), OMV has taken a further step towards the forward integration of the gas value chain into power generation: OMV Power International, a wholly owned subsidiary of OMV Gas & Power GmbH, signed a share purchase agreement to acquire 60% of the Turkish Borasco Elektrik Üretim Sanayi ve Ticaret A.S."

More:OilVoice | OMV Plans to Set Up a Gas-fired Power Plant in Turkey