OMV Gas GmbH Rebrands to Gas Connect Austria

Austrian OMV Gas GmbH has been renamed to "Gas Connect Austria", the OMV Group announced today, as part of a reshape of the company to adhere to a gas act and a complete rebrand of the company.

OMV says the rebranding is a necessary and furthering step to ensure the separation of " the areas of production and trade from network operations at an organisational level" and furthers the company's compliance to the  Natural Gas Act provision of Austria. 

Gas Connect Austria has been tasked with the development of a 2,000 kilometre high-performance natural gas pipeline in Austria, with particular focus on the Trans Austria Gasleitung (TAG) and the West Austria Gasleitung (WAG). Through these, the company says, it will transport a capacity of about 89 billion cubic metres to Austria and the rest of Europe.

"With the new market entry, the company's autonomous role will now also be clear to the outside world," said Dr Harald Stindl, managing director of the renamed Gas Connect. "As an important logistics partner in the European natural gas network, we contribute every day towards the security of both Austria and Europe's gas supply."

Gas Connect Austria remains a 100 per cent owned subsidiary of OMV Gas & Power GmbH.