Russia’s Gazprom stops the flow of natural gas to Austria, OMV utility says
Associated PressVIENNA — Russia’s state-owned natural gas company Gazprom stopped supplies to Austria early Saturday, according to the Vienna-based utility OMV, after OMV said it would stop payments for the gas following an arbitration award. OMV said it would stop paying for Gazprom gas to its Austrian arm to offset a 230 million-euro arbitration award it won from the International Chamber of Commerce over an earlier cutoff of gas to its German subsidiary. We are prepared for this and ready for the winter.” Russia cut off most natural gas supplies to Europe in 2022, citing disputes over payment in rubles, a move European leaders described as energy blackmail over their support for Ukraine against Russia’s invasion. Austria gets the bulk of its natural gas from Russia, as much as 98% in December last year, according to Energy Minister Lenore Gewessler.