Austria's OMV has alerted traders that European courts could disrupt its payments to Gazprom, potentially leading to a halt in gas supplies. Gazprom has covered about 80% of Austrian gas imports in the last seven months. Austria's heavy reliance on Russian gas is further compounded by the potential transit gas stop by Ukraine, with over 90% of recent gas supply coming from Russia.
In addition, Austria is facing the transit gas stop by Ukraine by the end of the year. Given that Austria has an overwhelming dependence on Russian gas (over 90% share of supply over the last few months alone), the country may witness a precarious risk situation soon. #Velsig https://t.co/XAeoIH8Rxe
I usually think that nothing can surprise me when it comes to Austria and Russia. But this with new evidence… 👇 https://t.co/LD6YMMnFbI https://t.co/5uVDlz3ndu
#Austria's significance as gateway to Europe for Russian gas #Russia https://t.co/j0IKKNMMnX
Russian Gas Supply to #Austria at Risk From Gazprom Court Case Austria’s OMV issues urgent market message due to legal risk OMV says it can cover customers via alternate suppliers https://t.co/ADM2q0xxiq
Austria’s reliance on Russian natural gas is being tested 🇦🇹 👀 🇷🇺 👨⚖️ OMV warned traders that European courts could interrupt its payments to Gazprom, which would likely halt supplies 👉 Gazprom covered ~80% of Austrian imports in the last seven months https://t.co/Mt1Z3LlOH6
#Austria’s reliance on #Russia's natural #gas is being tested, after OMV warned traders that European courts could interrupt its payments to Gazprom. https://t.co/1h6BNtDmNB
Austria’s reliance on Russian natural gas is being tested, after OMV warned traders that European courts could interrupt its payments to Gazprom https://t.co/gYeSa9VU3l
Austria's OMV says Gazprom may halt gas supply https://t.co/pZg03gotJK https://t.co/ECNPukeiyq
#Austria's OMV says Gazprom may halt gas supply https://t.co/Cs1IpM2ECn