OMV Booked EUR140M Provisions For Brazi Power Plant In 4Q

01.29.2015 By Gabriela Stan

Austrian oil and gas group OMV booked provisions worth EUR700 million in the fourth quarter of 2014, out of which EUR340 million for the operations of Petrol Ofisi in Turkey and EUR140 million for gas-fired power plant Brazi in Romania, due to difficult market conditions.

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Keywords:
OMV
, PROVISIONS
, BRAZI