OMV and Gazprom strengthen partnership

Gazprom CEO, Alexei Miller, met with OMV CEO, Gerhard Roiss to discuss the challenging current market environment for gas.

Austria’s gas supply

Separate from the ongoing gas supply contract negotiations, the two parties also discussed the current political situation, making it clear that Austria’s gas supply is a top priority.

Interestingly, despite the current political situation, the import levels for Russian gas are according to seasonal habits. Gazprom and OMV also discussed optional alternative supply routes for Russian gas, for example via the Nord Stream.

Comments

Gazprom CEO, Alexei Miller, commented: “We appreciate the ongoing dialogue with business partners like OMV to secure the supply of gas. Gazprom was praised as a reliable supplier contributing significantly to Austria’s energy security. Furthermore it was pointed out that the current geopolitical situation proves the importance of alternative routes for Russian gas supplies to European consumers”.

OMV CEO, Gerhard Roiss, added: “In Europe we live in a society with shared resources, products and services. With this in mind, I believe that the economic integration of Europe and our partners in Russia is the way to preserve the stability of our continent. Today’s meeting underlines our partnership with Gazprom, which has been in place for more than 50 years.”

The meeting has strengthened the relations between the two companies and will ultimately contribute to Austria’s energy supply.

Adapted from press release by Katie Woodward

Read the article online at: https://www.oilfieldtechnology.com/exploration/23042014/omv_and_gazprom_discuss_austrian_gas_141/