GAZPROM - AUSTRIA COOPERATION

GAZPROM - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Johannes Eigner, Ambassador Extraordinary and Plenipotentiary of the Republic of Austria to the Russian Federation, took place in Moscow.

At the meeting, appreciation was expressed for the collaborative efforts of the parties in the gas sector. It was noted, inter alia, that Gazprom provided reliable gas supplies to the Austrian market amid an increasingly strong demand for Russian gas over the past years. According to estimates, Russian gas exports to Austria between January 1 and April 24 exceeded the amount exported in the same period of last year by 79.2 per cent, with 4.2 billion cubic meters of gas delivered to consumers.

The parties also discussed the progress of the Nord Stream 2 project. Alexey Miller informed Johannes Eigner that full sets of permits for the construction of the gas pipeline had been received from Germany and Finland. It was highlighted that the permitting process was proceeding as planned.

-----

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.

-----

Earlier:

2018, April, 11, 13:00:00 RUSSIAN GAS FOR AUSTRIA: +77% GAZPROM - 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. Русский | English

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.”