RUSSIAN GAS FOR AUSTRIA: +77%

GAZPROM - April 9, 2018, a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in St. Petersburg.

The parties addressed the ongoing and future cooperation, noting that after its record-breaking year for Russian gas imports in 2017, Austria continued to show dynamic growth in the gas demand. According to preliminary data, from January 1 through April 8, 2018, Gazprom had supplied Austria with 3.7 billion cubic meters of gas, a rise of 77.2 per cent compared to the same period of last year.

Particular attention was paid to the high reliability of gas supplies, including during the peak cold period in Europe between late February and early March, when only Gazprom was able to promptly increase deliveries and provide consumers with the required volumes of gas.

The parties also discussed the progress of the Nord Stream 2 project. At present, work is underway on obtaining the permits for the construction and operation of the gas pipeline.

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In 2017, Gazprom set a new record for gas exports to Austria at 9.1 billion cubic meters, a rise of 50.3 per cent (3 billion cubic meters) from 2016 (6.1 billion cubic meters) and 33.7 per cent (2.3 billion cubic meters) from 2005, when the previous record had been reached (6.8 billion cubic meters).

OMV is Gazprom's main partner in Austria. The companies cooperate in gas production, transportation and supplies.

Nord Stream 2 is the construction project for a gas pipeline with the annual capacity of 55 billion cubic meters from Russia to Germany across the Baltic Sea.

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Earlier:

2018, February, 27, 14:10:00 RUSSIAN GAS FOR AUSTRIA UP GAZPROM - In early 2018, the demand for gas is still on the rise in the country. According to estimates, from January 1 through February 21, 2018, Gazprom delivered to Austria 1.8 billion cubic meters of gas, a rise of 60.6 per cent against the same period of 2017 (1.1 billion cubic meters). Русский | English

2017, October, 18, 19:00:00 GAZPROM FOR AUSTRIA: +48% 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). Русский | English

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. Русский | English

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. Русский | English

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. Русский | English

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.