Austria, 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.
Austrian OMV was awarded compensation from Gazprom: they do not rule out stopping supplies
EADaily, November 14th, 2024. Austrian OMV announced that it had won an arbitration claim from Gazprom Export in a dispute over the suspension of supplies under a "German contract" and demanded 230 million euros from the Russian company.
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'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.
OMV Wins $243 Million Arbitral Award vs Gazprom over Undelivered Gas
The Austrian oil and gas distributor won an arbitral award of damages against Russia's Gazprom over failures to deliver contracted gas.
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
Austria's OMV secures $243 million arbitral award for Gazprom's irregular German gas supplies
Austrian integrated oil and gas company OMV announced on Nov. 13 that it had secured an arbitral award from the International Chamber of Commerce exceeding $243 million (230 million euros). This ruling relates to irregularities in German gas supplies provided by Gazprom.
OMV gets over $243 million in arbitral award for Gazprom's irregular German gas supplies
OMV has received an arbitral award of over 230 million euros ($243.06 million) from the International Chamber of Commerce (ICC) in connection with irregular German gas supplies from Gazprom, the Austrian oil and gas group said on Wednesday.
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 partially state-owned company from its long-term Russian natural gas contract.
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 ...
Russian gas flows to Europe via Ukraine stable despite Gazprom-OMV row
Russian gas exports to Europe through Ukraine have been stable on Monday despite a contractual row between Kremlin-owned ...