Gazprom, Europe and Austria

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.
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.
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.
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
(Bloomberg) -- OMV AG warned Russian natural gas supplies may be disrupted as the company intends to stop paying for imports from Gazprom PJSC to recoup damages it won in arbitration. European futures surged to the highest in a year. OMV doesn’t expect G ...
Russian gas supply could stop to Austria before year-end
Goerlich and Nina Chestney VIENNA/LONDON (Reuters) - 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,
Rigzone56m
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 ...
OMV gets over $243 mln 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 ...
Interfax2h
Moldovan authorities need to negotiate with Gazprom on gas supplies from early 2025 - Moldovagaz head
Terminating the contract with Gazprom for gas supplies to Moldova and Transdniestria is undesirable, and the authorities must negotiate with the Russian company on continuing transit through Ukraine, ...
eadaily23h
Austrian OMV was awarded compensation from Gazprom: they do not rule out stopping supplies
Austrian OMV announced that it had won an arbitration claim from Gazprom Export in a dispute over the suspension of ...
Charter97.org13h
Austrian Company Wins €230 Million Lawsuit Against Gazprom
Austrian gas company OMV has warned of a possible suspension of gas supplies from Russia after an arbitration ruling in its ...
Interfax2h
Demand for fossil fuels growing as global consumers think about energy security - Gazprom
MOSCOW. Nov 15 (Interfax) - The main outcome in global energy sector this year is the continued growth of demand for conventional energy resources amid geopolitical instability and greater attention ...
Kremlin energy row sends gas price surging
A row between a Kremlin-controlled energy giant and one of its European customers has sent the price of gas surging to its highest level in a year.