OMV CEO on Production Forecast, LNG, PetChem, M&A

The transcript covers various topics including production challenges due to shutdowns in Libya, the impact of maintenance on production forecasts, and the impressive profitability in the second quarter. It discusses the LNG market, highlighting oversupply issues and price trends influenced by weather and market conditions. The conversation shifts to the impact of global warming on business strategies, emphasizing a shift from oil to gas and investments in renewables. The discussion also touches on trends in the petrochemical industry, the need for European refiners to adapt, and the strategic importance of the Nord Stream 2 pipeline. Finally, it explores growth opportunities in Asia, particularly in Indonesia and the Middle East.

What factors contributed to the low production rate in the first quarter?

How does the speaker perceive the profitability shown in the second quarter?

What is the speaker's outlook for the LNG market in terms of price development?

How is global warming expected to affect the speaker's business operations?

What are the key areas of investment mentioned by the speaker for future growth?

What challenges does the speaker mention regarding the Nord Stream 2 pipeline?

What potential markets does the speaker identify for future investments?