OMV to Adapt Burghausen Refinery to Process Non-Libyan Crude Oil

OMV AG (OMV), Central Europe’s biggest oil company, is preparing to adapt its refinery in Burghausen, Germany, to process non-Libyan crude.

“An important part of crude oil processed in Burghausen in 2010 originated in Libya,” Michaela Huber, a spokeswoman for OMV, said today by e-mail from Vienna. The reconfiguration of the refinery is taking place gradually and OMV can’t give an exact timeframe for the process, she said.

OMV has been buying crude from Saudi Arabia, Kazakhstan and the Black Sea region to compensate for Libyan oil, which last year made up 20 percent of crude processed. Saudi Aramco, the world’s biggest oil company, sold cargoes of a new blend last month to OMV and BP Plc, a company official said March 29.

Oil output from Libya has dropped by about 1.3 million barrels a day to a “trickle” of its normal level since fighting between government troops and rebel forces forced companies to suspend operations and evacuate staff, the Paris- based International Energy Agency said last month.

OMV “currently doesn’t expect a reduction in the amount of crude oil processed compared to last year,” Huber said.

To contact the reporter on this story: Zoe Schneeweiss in Vienna at zschneeweiss@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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