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OMV says Yemen output recovers, raising overall production
- Yemen: Saturday, October 20 - 2012 at 05:56
Austrian energy firm OMV has said its production rose in the third quarter, thanks mainly to a recovery in Yemen after repairs to its oilfields and pipelines from rebel attacks, although it made no oil shipments out of the troubled country, Reuters has reported. Yemen can produce up to 7,000 barrels of oil equivalent per day (boepd), or about 2% of the group's total. OMV had several months of outages there, with repeated attacks on oil and gas pipelines by Islamic militants or disgruntled tribesmen since anti-government protests created a power vacuum in 2011.
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