Published February 19, 2015

OMV Petrom Group: results for Q4 and January – December 2014

Q4/14 vs Q4/13

Clean CCS EBIT down 26%, mainly due to lower crude prices
Group hydrocarbon production maintained stable
Gas sales volumes up 5%; Petrobrazi refinery is delivering a good performance post modernization
Strong financial position as at end-2014
2015: investments reduced by 20 - 35% vs 2014, including portfolio optimization and further cost efficiency initiatives, to cope with current market challenges