3 hours ago 1

Moscow to stop gas deliveries to Austria from Saturday, company says

Russia will stop its gas deliveries to Austria from Saturday, Austrian energy company OMV said on Friday.

OMV said it had received notice from Gazprom Export, a subsidiary of Russia's state-owned energy giant Gazprom.

The halt in deliveries is seen as a reaction to an arbitration ruling by the International Chamber of Commerce, which awarded OMV €230 million ($242 million) in a dispute with Gazprom.

Austrian Chancellor Karl Nehammer was set to make a statement later on Friday.

Austria remains heavily reliant on Russian gas even as other EU countries, like Germany, have worked to end their dependence following Moscow's all-out invasion of Ukraine in February 2022.

Read Entire Article

From Twitter

Comments