Austria is actively seeking to terminate its long-standing contract for Russian gas imports amid the ongoing war in Ukraine, as stated by the country's energy minister and reported by Reuters. The move comes in response to the stubbornly high levels of Russian gas imports, which have recently reached a record high of 98%, according to Gazprom contract reviews. Despite the efforts to diversify energy sources, Austria's energy company OMV is still bound by a long-term agreement to buy Russian gas. This situation has sparked a debate within the country, with an Austrian MP warning that ending the contract could lead to skyrocketing energy prices and fuel inflation.
98% Of Austria's Gas Imports Still Come From Russia, An All-Time High Since War Began https://t.co/WM4DQm1QD1
Austria’s plans to end a long-term contract for Russian gas would cause energy prices to 'explode' and would fuel inflation in the country - Austrian MP https://t.co/Mstkshq97r https://t.co/5YIuaf1npZ
Austria reviews Gazprom contract after Russian gas imports surge https://t.co/wl3XMzcuyZ via @virtualnomad https://t.co/sYnbrPuVVV
Record High: Austria’s Russian gas imports reach 98% amid war https://t.co/0ShPtLDmhl https://t.co/3RAWp5lU6W
The Austrian concern will continue to purchase Russian gas, despite the demands of radical politicians Having long sought to maintain close ties with Russia, Austria, shortly after the outbreak of the conflict in Ukraine, tried to end its long-term dependence on Russian gas -… https://t.co/q6xtWZdKwq
⚡️ Austria exploring how to end Russian gas import contract, energy minister says. https://t.co/RPC1hvJ1mH
#Austria seeking to end Russian gas import contract, energy minister says #Russia https://t.co/rokWE2ICnV
⚠️ AUSTRIA SEEKING TO END RUSSIAN GAS IMPORT CONTRACT, ENERGY MINISTER SAYS (Reuters) Faced with stubbornly high Russian gas imports as the war in Ukraine rages on, Austria is seeking to take more radical steps, including ending energy company OMV's long-term contract to buy… https://t.co/SEi1ejTonI