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OMV also said a mechanical incident at its Schwechat refinery would have a negative impact on its third quarter result “as we expect payments from the business interruption insurance at a later point in time.”
Full operations at the refinery resumed on Oct. 7.
“Positive cash flow effects stemming from our natural gas exchange trading activity are expected to offset to a large extent the outflows coming from the injection of natural gas into the storages,” it added in a third quarter trading update.
In July, OMV reported figures showing it more than doubled second-quarter core operating profit on the back of soaring gas prices fuelled by the war in Ukraine.
