OMV decides to not further pursue the potential acquisition of an interest in Achimov 4A/5A phase development

Today, the Executive Board of OMV has decided to not further pursue negotiations with Gazprom on the potential acquisition of a 24.98% interest in the Achimov 4A/5A phase development in the Urengoy gas and condensate field and to terminate the Basic Sale Agreement dated October 3, 2018.

OMV also will review its involvement in the Nord Stream 2 Pipeline.