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Updated Tuesday, July 19, 2011 11:25 am TWN, AFP

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OMV claims it is preparing to restart oil production in Yemen

VIENNA -- Austrian oil and gas giant OMV said on Monday it was preparing to restart production in Yemen following the repair of a pipeline damaged during the political unrest in the country. “Repair work was completed at the end of last week. But it will be some time before the pipeline is operating again at full capacity,” a company spokeswoman said.

Last year, OMV's production in Yemen amounted to 6,600 barrels of oil equivalent per day.

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