Imports of Russian gas into Austria are approaching market shares last reached during pre-war times, as Gazprom is once again delivering the total contracted amounts, while deliveries from Germany and Italy are dropping.
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Loading... - Pia Haider
- 10 Feb 2023
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Few countries relied as much on gas from Russia as Austria with some 80% of all its domestic consumption flowing from the east before the war in Ukraine. This was partly due to the gas deals Vienna struck with the Soviet Union in exchange for Asutria’s continued neutrality and non-alignment, starting in the 1960s.
“We are temporarily back at 100% [gas deliveries from Gazprom] at the moment, but have also seen values at 30% and below in the past,” explained Reinhard Florey, CFO at Austrian energy major OMV. Read More…
