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...“No Borealis shares are for sale from OMV,” he added. Adnoc also owns 25 per cent of Borealis and 25 per cent of OMV itself. OMV in turn owns 15 per cent of Adnoc Refining....
...The deal envisions combining OMV-controlled Borealis with Adnoc-controlled Borouge. OMV owns a 75 per cent stake in unlisted Borealis with the remainder held by Adnoc....
...Under the deal, OMV’s chemicals arm Borealis would be combined with Borouge, the chemicals company majority-owned by the UAE’s Adnoc.Each side holds stakes in the other but under an announced framework OMV...
...The groups include two of the single largest importers of Russian gas: Düsseldorf-based Uniper and Vienna-based OMV....
...The group is pursuing roughly $50bn in transactions including simultaneous deals with Brazilian petrochemical maker Braskem and Austria’s OMV as part of a push to diversify its business and expand abroad...
...It owns a majority stake in Borouge, a joint venture with Austria’s Borealis, and recently took Mubadala’s place in the share capital of both Borealis and OMV, which controls it....
...State-backed Austrian energy group OMV said Gazprom had confirmed roughly half of its gas order would be filled on Thursday, in line with the volume it was receiving before maintenance started on the route...
...US president Joe Biden said on Wednesday that his administration would also impose sanctions on Nord Stream 2 AG, the wholly owned Gazprom subsidiary building the pipeline....
...US President Joe Biden said on Wednesday that his administration would impose sanctions on Nord Stream 2 AG, the wholly-owned Gazprom subsidiary building the pipeline....
...Three of the other companies — German group Wintershall Dea, UK-listed Shell and Austria’s OMV — have made similar moves since Berlin froze the project a fortnight ago....
...European energy companies Shell, Wintershall, Engie, Uniper and OMV have paid for half of the project’s $11bn construction cost....
...While the pipeline is owned by Gazprom and co-financed by five European companies (France’s Engie, Austria’s OMV, the Dutch-British Shell, and the German Uniper and Wintershall), its political ownership...
...Russian state group Gazprom is building the pipeline, with half of the €9.5bn cost funded by loans from Royal Dutch Shell, Austria’s OMV, Engie of France and German groups Uniper and Wintershall....
...OMV said it would analyse the decision but was “of the clear opinion that it has complied with all applicable laws”....
...Russian state group Gazprom may be building the pipeline, but half of its €9.5bn cost has been covered by loans from European investors such as Royal Dutch Shell, Engie and OMV....
...Half the funding for the pipeline has been provided by five European energy groups: Shell, Uniper, OMV, Wintershall and Engie....
...Apart from Gazprom, the main partners in the pipeline are Uniper and Wintershall of Germany, OMV of Austria, Engie of France and the Anglo-Dutch group Royal Dutch Shell....
...In 2018, Poland’s anti-monopoly watchdog, UOKiK launched a probe under competition rules against Gazprom and the five western companies — Engie, Uniper, OMV, Shell and Wintershall — that are co-financing...
...But half the funding has been provided by five European energy groups: Shell, Uniper, OMV, Wintershall and Engie....
...Despite Ms Burmistrova’s comments, Nord Stream 2 AG, the fully Gazprom-owned pipeline operator based in Switzerland, on Tuesday insisted that together with the companies supporting the project — Engie, OMV...
...Mr Steele said the fallout would have no impact on OMV, with a new government expected to be elected by September....
...While fully owned by Gazprom, half of the cost of its construction is being covered by European energy companies Shell, Engie, OMV, Wintershall and Uniper....
...“OMV is preparing now to invest in capacity that is supplying the growth market.”...
...Nord Stream 2 is fully owned by Gazprom but part-financed by five European energy companies: Shell, Engie, OMV, Wintershall and Uniper....
...Gazprom owns the entire Nord Stream 2 project but has financing agreements with five European partners — Anglo-Dutch Shell, Engie of France, OMV of Austria, and Uniper and Wintershall of Germany....
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