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Austrian OMV terminated the contract with Gazprom, valid until 2040 – UNIAN
It is noted that the company no longer has any supply contracts with Gazprom Export and does not conduct any business in Russia.
The Austrian company OMV has terminated its gas supply contract with Gazprom Export, a subsidiary of the Russian giant Gazprom.
This was reported in an OMV press release issued on December 11. It is noted that the contract was signed in 2006 and was supposed to be valid until 2040. It was terminated due to “numerous significant violations” on the part of the Russian company.
From November 16, 2024, Gazprom Export stopped supplying gas to OMV. The supply volumes under this contract, with single-digit margin potential of millions of euros per year, were fully diversified by…
