Russia to stop offering Austria with gas- DW- 11/15/2024

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Russia to stop offering Austria with gas- DW- 11/15/2024

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Russia’s state-owned gasoline agency Gazprom will definitely end its gasoline shipments to Austria this weekend break, the nation’s greatest energy distributor, OMV acknowledged on Friday.

OMV revealed that Gazprom will definitely stop offering it with gasoline on Saturday.

The Austrian energy agency acknowledged it had really anticipated this development which the nation will definitely stay to acquire gasoline with import from Germany, Italy and the Netherlands.

Austrian Chancellor Karl Nehammer acknowledged the nation has a protected and safe provide of various gasoline which “no one will freeze.”

“The supply is secure,” Nehammer acknowledged in a have a look at the chancellery to take care of the circumstance.

“Our gas storage facilities are full and we have sufficient capacity to obtain gas from other regions,” he included.

Most of Austria’s gasoline provide is Russian

Austria’s energy reference to Russia return to the Cold War, because it was among the many very first Western European nations to import gasoline from the Soviet Union in 1968.

The finish of Russian gasoline distribution to Austria adheres to a settlement judgment by the International Chamber of Commerce, that granted OMV some EUR230 million ($242 million) in a authorized battle with Gazprom.

OMV after that acknowledged it might actually stop paying Gazprom till it obtained a amount of gasoline matching to the EUR230 million that the Russian agency owed them.

Austria obtains numerous its gasoline from Russia, as excessive as 98% in December 2023, in response to Energy Minister Lenore Gewessler.

The lengthy roadway to environment-friendly hydrogen

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No modification to Ukraine plan

Since the battle in Ukraine began in 2022, simply 3 European nations–Austria, Slovakia and Hungary– remained to import Russian gasoline via a pipe that takes a visit with Ukraine, despite the Russian intrusion.

But Ukraine revealed it’s going to actually not proceed gasoline transportation on the pipe after January 1, 2025, which will surely require these nations to find numerous different distributors.

Nehammer acknowledged in a declaration on Friday that despite the cease in gasoline shipments, his nation will surely not alter its Ukraine plan.

“We will not be blackmailed and will not be brought to our knees,” he acknowledged.

Nehammer charged Gazprom of not satisfying its cargo commitments on quite a lot of occasions, with the target of making use of stress on Austria for its help of EU permissions versusRussia

jcg/ab (dpa, Reuters, AP)



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