Austria’s Demand for Russian Gas Continues Soaring

Source: www.gulfoilandgas.com 11/16/2016, Location: Asia

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place at the Gazprom headquarters today.

The meeting participants addressed the ongoing cooperation in the gas sector, placing a focus on Russian gas exports to Austria. It was noted that from January 1 through November 15, 2016, Gazprom had supplied Austria with 5.1 billion cubic meters of gas, up 31.5 per cent versus the same period in 2015. In November 1–15, 2016, the exports grew by 118.9 per cent.

The parties also addressed issues related to the asset swap between Gazprom and OMV.

Special attention was paid at the meeting to the Nord Stream 2 project.


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