GAZPROM FOR AUSTRIA: +48%

GAZPROM - A working meeting between Alexey Miller, Chairman of the Management Committee of Gazprom, and Rainer Seele, Chairman of the Executive Board of OMV, took place in Moscow.

The meeting participants addressed bilateral cooperation. It was highlighted that in 2017 the demand from Austrian consumers for Russian gas significantly surpassed last year's indicator. From January 1 through October 15, 2017, Gazprom had supplied Austria with 6.4 billion cubic meters of gas, up 48.3 per cent or 2.1 billion cubic meters of gas versus the same period in 2016. Moreover, on October 4, 2017, the amount of gas delivered by Gazprom to Austria since the start of 2017 exceeded the full-year total for 2016 (6.13 and 6.1 billion cubic meters, respectively).

The parties discussed the progress with the Nord Stream 2 project aimed at ensuring reliable deliveries of Russian gas to Europe.

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Earlier:

2017, June, 5, 14:55:00 RUSSIAN GAS TO AUSTRIA: UP 79.5% Following last year’s increase of 38 per cent, Gazprom continued to boost its gas exports to the Austrian market. Specifically, from January through May 2017 Russian gas deliveries to Austria added 79.5 per cent compared to the same period of 2016.

2016, December, 15, 18:45:00 GAZPROM - OMV AGREEMENT Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the OMV Executive Board, signed the Basic Agreement regarding the asset swap. The signing ceremony took place in the presence of Hans Jörg Schelling, Minister of Finance of the Republic of Austria, and Anatoly Yanovsky, Deputy Minister of Energy of Russia.

2016, October, 13, 18:40:00 GAZPROM TO AUSTRIA: UP 23.8% In 2015, Russian gas exports to Austria rose 11.5 per cent versus 2014. From January 1 through October 10, 2016, Russian gas supplies to Austria totaled 4.18 billion cubic meters, which was 23.8 per cent higher than in the same period of 2015.

2016, March, 29, 18:50:00 NORD STREAM: THE PERFECT OPPORTUNITY It says that two thirds of the gas will flow towards the Central European Gas Hub in Baumgarten, Austria. “This hub offers ideal connectivity and can handle large flows to central, east, southeast and south European countries, boosting their gas markets to comparable levels of liquidity and competiveness as in northwest Europe.”

2016, February, 7, 17:00:00 OMV: I'M BACK Commenting on a statement by Gazprom on February 2 that Austria had imported 76.2% more gas this January than it had in January 2015, the country's dominant supplier OMV said that was because deliveries last year had been low for unspecified "technical reasons." "We are however back to normal levels this year," a spokesperson said. Gazprom said exports to Austria in 2015 were up by 11.5% in 2015 on the year but gave no volumes for either period.

2014, June, 24, 21:55:00 SOUTH STREAM: GAZPROM & OMV Gazprom, Austria's OMV sign final South Stream deal

2014, April, 24, 18:59:00 GAZPROM: ANOTHER ROUTES Gazprom and Austria point out relevancy of alternative Russian gas routes to Europe