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’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 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 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
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