Austrian energy OMV states provides from Russia’s state-owned natural gas business Gazprom stopped early Saturday after the business stated it would stop payments for the gas following an arbitration award
ByThe Associated Press
November 16, 2024, 5: 28 AM
VIENNA — Russia’s state-owned natural gas business Gazprom stopped materials to Austria early Saturday, according to the Vienna-based energy OMV, after OMV stated it would stop payments for the gas following an arbitration award.
The authorities cutoff of materials before dawn Saturday came after Austrian Chancellor Karl Nehammer on Friday held a quickly called news conference to stress his nation has a safe supply of option fuel for this winterseason.
OMV stated it would stop paying for Gazprom gas to its Austrian arm to balancedout a 230 million-euro ($242 million) arbitration award it won from the International Chamber of Commerce over an earlier cutoff of gas to its