Austria halts half-century ties with Gazprom
Reuters · 2d
Exclusive: Austria's half-century bond with Gazprom ended by gas seizure, sources say
The trigger that ended more than 50 years of gas flows from Russian state energy giant Gazprom to OMV earlier this month was the Austrian group's seizure of Russian gas as payment to cover the value of an arbitration award.
Crude Oil Prices · 2d
Austria’s OMV Seizes Gazprom Gas Supply in Deliveries Dispute
Austria’s energy firm OMV has seized $241 million (230 million euros) of Gazprom natural gas deliveries for October as a means to recover the arbitration award, which prompted Gazprom to cut off supply, sources close to OMV and Gazprom have told Reuters.
eadaily · 9d
83% of Gazprom's supplies to Austria have been preserved: It is unclear why it was necessary to rock up prices
EADaily, November 18th, 2024. On November 16, Gazprom stopped supplying gas to Austrian OMV. However, 83% of gas supplies to the country — to the local gas hub — remained. Experts do not understand why the Austrian company had to rock up the situation and raise gas prices.
devdiscourse · 2d
Austria's OMV Ends 50-Year Gas Ties with Gazprom Amid Dispute
OMV's arbitration victory against Gazprom and resultant seizure of Russian gas led to the cessation of over 50 years of gas flows between the companies. As Austria reassesses its energy reliance, the fallout underscores Gazprom's waning influence in Europe post-Ukraine invasion.
Voice of America · 11d
Russia's Gazprom stops flow of natural gas to Austria, utility says
Russia’s state-owned natural gas company Gazprom stopped supplies to Austria early Saturday, according to the Vienna-based utility OMV, after OMV said it would stop payments for the gas following an arbitration award.
Reuters · 1d
Exclusive: Gazprom 2025 plan assumes no more transit via Ukraine to Europe, source says
Russian state-controlled gas giant Gazprom is making the assumption that no more gas will flow to Europe via Ukraine after Dec. 31 in its internal planning for 2025, a person familiar with the plans said.
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