Europe, Austria and Gazprom

Gas in Europe is already over $ 500: the decline in Gazprom's supplies has become more real than ever
EADaily, November 14th, 2024. The price of gas in Europe exceeded $ 500 per thousand cubic meters. A new movement was given to her by news from Austria, where OMV announced the winning of compensation from Gazprom in arbitration and plans to receive it from payments that Austrians make for Russian gas on a monthly basis.
Gas prices in Europe rise sharply as Gazprom may cut off supplies to Austria
European gas futures jumped to their highest level in a year. This was due to fears that Gazprom may cut off supplies to Austria, Bloomberg reports. Futures on the TTF hub in the Netherlands rose by 3.
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.
OMV to pursue Gazprom for awarded damages despite gas supply risk
Austrian energy player plans to enforce arbitration award from Russian company revenues for remaining exports to Europe
Russian Gas Supply to Europe Faces Disruption Risk, OMV Warns
In June, German utility Uniper was awarded more than €13 billion in damages for undelivered Gazprom gas. While landlocked countries in central Europe can access LNG, including via new terminals quickly set up in Germany and the Netherlands at the height ...
Germany's Scholz urges Putin in phone call to open talks with Ukraine
German Chancellor Olaf Scholz urged Russian President Vladimir Putin in a rare phone call on Friday to begin talks with ...
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Austrian OMV was awarded compensation from Gazprom: they do not rule out stopping supplies
Austrian OMV announced that it had received an arbitration award on a lawsuit against Gazprom Export under a contract under ...
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Austria's OMV wins arbitration award against Gazprom
Austrian integrated energy company OMV said November 13 it had been awarded €230mn ($243mn) by an International Chamber of ...
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Germany's upstart leftists chip at pro-Ukraine consensus
While Germany's state governments have no direct influence over ... the former chancellor who worked for Russian state oil ...
European gas prices soar to YTD high on heavy demand, potential Russia disruption
European natural gas prices spike as much as 5% to hit €46/MWh on Thursday, reaching their highest level this year, after Austrian oil and gas producer OMV ( OTCPK:OMVJF) warned of a potential halt of ...