Austria says Russia to cut off gas from Saturday

Russian gas supply could stop to Austria before year-end

Russian gas supply to oil and gas company OMV in Austria is at risk of stopping before the end of the year due to an arbitration case against Gazprom, the company said. Austria is one of the few European countries still dependent on Russian gas as much of the rest of the continent has reduced imports following Moscow's full-scale invasion of Ukraine in 2022. On Wednesday, OMV said it had received an arbitral award of more than 230 million euros ($243.06 million) from the International Chamber of Commerce (ICC) due to irregular gas supplies to its unit in Germany from Gazprom which ended in September 2022.

Reuters

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yesterday