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OMV Aktiengesellschaft
Move & More.
Romania as Future Member of theEuropean Union
Vienna, October 15, 2004
OMV Aktiengesellschaft
Move & More.
Economic Perspectives – Chances for InvestorsWolfgang RuttenstorferChief Executive Officer of OMV Aktiengesellschaft
3 |OMV Aktiengesellschaft, Oktober 2004
GREECE
ADRIATICSEA
MEDITERRANEANSEA
Alliance OMV – Petrom The leading downstream player in CEE
OMV supply before acqu. 2003/04
Additional volume Bayernoil/Petrom
ITALY
GERMANY
SWITZERLAND
BLACKSEA
POLAND
in mn t
Ref. sales vol.Schwechat
Ref. sales vol.Cluster II
ROMANIA
BULGARIASERBIA
HUNGARY
UKRAINE
Ref. sales vol.BGH / BO
+5,5m
n t1
+4,5m
n t1
AUSTRIA
0
1,5
3
OK DK
0
1,5
3
OK DK
0
1,5
3
OK DK
4 |OMV Aktiengesellschaft, Oktober 2004
Strategic opportunity in E&PAustriaReserves:
152 mn boeProduction:
40,000 boe/d
Rest of EuropeReserves: 36 mm boeProduction: 16,000 boe/d
Petrom Reserves:
1,036 mn boeProduction:
220,000 boe/d
South AmericaReserves:
41 mn boeProduction:
11,000 boe/d
Southeast AsiaReserves:
16 mn boeProduction:
12,000 boe/d
AfricaReserves:
104 mn boeProduction:
32,000 boe/d
Middle EastReserves:
60 mn boeProduction:
9,000 boe/d
OMV proved reserves as of December 31, 2003Petrom estimated reserves correspond to cumulative production from 2005 to 2034Petrom production is shown for 2004
5 |OMV Aktiengesellschaft, Oktober 2004
Gas: The coming energy source for Europe
Existing downstream target markets
New downstream target markets
CZ
SK
H
SLO(North) Italy
(South)Germany
TAG
WAG
Expansion of transit capacity of TAG and WAG
Nabucco 2010
Promote Nabucco project
Iran
North Africa
Potential integration projects with E&P
RO
BGYU
HR
6 |OMV Aktiengesellschaft, Oktober 2004
2008
Doubling of market share to 20% in CEE/Danube area
Increasing refining capacity only to meet this target
Increasing the target production of oil and gas (from 160,000 to 350,000 boe/d)
Achieving an integration ratio betweenE&P : R&M better than 0.5 : 1
Expanding of gas marketing and trading volumes to 10 bcm and strenghtening the hub Baumgarten
Securing #2 global market position in Melamine
ROACE 13%
OMV continues to perform well on its strategic track
Petrom alliance major step to reach/exceed the 2008 strategy goals
OMV proves to be the leading consolidator of the CEE/Danube region
OMV and Petrom
