Austria's OMV eyes gas projects in UAE

Klaus Angerer, director of business development in the Middle East at Austrian oil firm OMV, has said the company is in preliminary talks with state-run Abu Dhabi National Oil Co (ADNOC) to undertake gas projects in the UAE, Reuters has reported. 'We have a number of project ideas. Our feeling is there will be a positive response. It's very, very preliminary. Abu Dhabi is interested in talks with companies like ours,' he said. OMV is 20% owned by the Abu Dhabi government through the emirate's investment unit the International Petroleum Investment Corporation.