2019-03-07 11:55:00
GAZPROM FOR AUSTRIA: +33%
GAZPROM - March 6, 2019, 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 Moscow.
The parties reviewed current issues related to their cooperation, including the growth in gas exports to Austria. Between January 1 and March 5, 2019, the Company's gas supplies to the country amounted to an estimated 3.3 billion cubic meters, an increase of 32.9 per cent from the same period of last year.
The parties paid particular attention to the ongoing implementation of the Nord Stream 2 project, noting that the work is going as planned. As of now, 818 kilometers of pipes – precisely one-third of the gas pipeline's total length – have been laid in the Baltic Sea.
In addition, the meeting touched upon the prospects for further sci-tech cooperation and collaboration in the area of culture.
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Background
OMV AG is Gazprom's main partner in Austria. The companies cooperate, among other things, on gas production, transportation and supplies.
Since 2017, OMV has been partnering with Gazprom in the development of the Yuzhno-Russkoye oil, gas and condensate field.
In June 2018, an Agreement was signed to extend until 2040 the existing contract between Gazprom Export and OMV Gas Marketing & Trading GmbH for Russian gas supplies to Austria.
In November 2018, an Amendment to the contract on gas supplies to Austria was signed. According to the document, gas deliveries to Austria are to be increased by 1 billion cubic meters per year beyond the contractual amount for the entire contract period.
In October 2018, Gazprom and OMV signed a Memorandum on Strategic Cooperation.
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:
2019, February, 27, 09:25:00
GAZPROM'S SHARE 36.7%
REUTERS - Gazprom’s share of the European gas market rose to a record high 36.7 percent last year from 34.7 percent in 2017, the company said.
2019, February, 20, 11:15:00
СЕВЕРНЫЙ ПОТОК 2 В ГРАФИКЕ
МИНЭНЕРГО РОССИИ - Александр Новак отметил, что реализация проекта ведется в соответствии с графиком. “В совокупности уложено порядка 700 км по обеим ниткам газопровода”, - рассказал глава Минэнерго России.
2019, February, 15, 12:15:00
СЕВЕРНЫЙ ПОТОК 2 БУДЕТ РЕАЛИЗОВАН
МИНЭНЕРГО РОССИИ - «Мы считаем, что проект газопровода – коммерческий, и в нем заинтересованы европейские компании. Из-за того, что потребление газа в Европе будет расти, а собственная добыча – падать, Европа будет нуждаться в дополнительных объемах импорта. Наша конкурентоспособность подтверждена годами. Уверен, что проект будет реализован, он станет одним из основных инфраструктурных проектов на десятилетия вперед»,
2019, February, 15, 12:10:00
NORD STREAM 2 IN TIME
GAZPROM - Particular attention at the meeting was paid to the progress of the Nord Stream 2 project. It was stressed that pipelaying works in the Baltic Sea were going according to schedule.
2019, February, 15, 12:05:00
NORD STREAM 2 DEAL
REUTERS - Russia's planned Nord Stream 2 gas pipeline direct to Germany is set to face EU market rules after negotiators agreed informally to change the EU's gas directive to apply to offshore gas links, the European Commission said late Tuesday.
2019, January, 30, 11:25:00
MORE RUSSIAN GAS FOR AUSTRIA
GAZPROM - Particular attention at the meeting was paid to the growing demand for gas supplied by Gazprom to Austria. In the period from January 1 through January 27, 2019, gas exports totaled an estimated 1.2 billion cubic meters, an increase of 35 per cent from the same period of last year.
2019, January, 30, 11:20:00
RUSSIAN GAS FOR EUROPE: 200 BCM
PLATTS - Russia's Gazprom Export believes that the record high gas sales of 200 Bcm in Europe and Turkey last year represented a "new reality" for Russian gas exports. Speaking Tuesday at the European Gas Conference in Vienna, CEO Elena Burmistrova also said she expected gas sales to remain at current levels over the next few years.
