OMV Will Deliver on Borealis `Synergies': CEO Seele

The transcript covers discussions on Nord Stream 2 policy, highlighting the need for Congress to change its stance on sanctions. It explores Europe's energy needs, focusing on LNG imports and the potential of hydrogen fuel. OMV's investment in clean hydrogen production and the integration of Borealis into its operations are discussed, emphasizing synergies and circular economy initiatives. The transcript concludes with insights into OMV's supervisory board and leadership dynamics.

What is the main factor that needs to change for a shift in Nord Stream 2 policy?

• Congress's initiatives

• European Union's stance

• The President's decision

• OMV's investment strategy

What alternative energy source is considered if Nord Stream 2 is not utilized?

• Nuclear power

• LNG imports

• Wind energy

• Solar energy

Which country is a potential supplier for LNG to Europe?

• Russia

• United States

• China

• Australia

What is OMV's main focus in the hydrogen supply chain?

• Importing hydrogen

• Producing clean hydrogen

• Storing hydrogen

• Distributing hydrogen

Which technology is mentioned for producing hydrogen without CO2 emissions?

• Biomass conversion

• Paralysis

• Gasification

• Electrolysis

What is the strategic intention behind OMV's acquisition of Borealis?

• To expand into renewable energy

• To integrate Borealis into OMV Group

• To sell Borealis as a standalone business

• To focus solely on jet fuels

What concern do some OMV shareholders have?

• The supervisory board's decision-making

• The company's financial performance

• The focus on renewable energy

• The integration of Borealis