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Austria halts half-century ties with Gazprom
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.
Austria halts half-century ties with Gazprom - Reuters
After more than 50 years of ties, Austria has halted cooperation with Gazprom. The arrest of Russian gas was the catalyst for this decision, Reuters reports. The catalyst that ended over 50 years of gas flows from the Russian state energy giant Gazprom to the Austrian group OMV earlier this month was the arrest of Russian gas as payment to cover
Austria Says Gazprom Contract Up to OMV as Blackmail Risk Abates
Austria’s top energy official said it’s the decision of OMV AG executives and shareholders whether or not to extricate the partially state-owned company from its long-term Russian natural gas contract.
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.
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.
Russia's Gazprom stops the flow of natural gas to Austria, OMV utility says
Austrian utility OMV says supplies from Russia’s state-owned natural gas company Gazprom stopped early Saturday after the company said it would stop payments for the gas following an arbitration award
Austria says Russia’s Gazprom will cut off natural gas supply this weekend
Austria's chancellor says Russia’s state-owned natural gas company Gazrom will cut off supplies early Saturday to Austrian utility OMV.
Austria seizes €230 million worth of Russian gas – Reuters
Austrian oil and gas company OMV has confiscated Russian gas as payment for an arbitration decision, according to which Gazprom was to reimburse €230 million. Source: Reuters, as reported by European Pravda Details: OMV was one of the last importers of Russian gas in Europe after Gazprom lost practically all of its clients as a result of Russia's
2d
Russian gas supply to EU via Ukraine stable, Austria nominations up 21%
Russian gas exports via Ukraine to Europe were stable on Tuesday while nominations for supply to Austria from Slovakia jumped ...
7d
Shielded From Blackmail, Austria Says Gazprom Contract Up to OMV
Austria’s top energy official said it’s the decision of OMV AG executives and shareholders whether or not to extricate the ...
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