USD 93.4409

-0.65

EUR 99.5797

-0.95

Brent 87.39

+0.15

Natural gas 1.76

-0

950

Austria increasing Russian gas imports further after record year in 2017

A working meeting between Alexey Miller and Rainer Seele took place in St. Petersburg.

Austria increasing Russian gas imports further after record year in 2017


A working meeting between Alexey Miller, Gazprom´s CEO, and Rainer Seele, CEO of Austrian OMV, took place on February 22, 2018, in St. Petersburg.

The parties addressed the ongoing and future bilateral cooperation in the energy sector. Particular attention at the meeting was paid to gas supplies. It was noted that in 2017 Austria had set a new record for Russian gas imports at 9.1 billion cubic meters, a rise of 50.3 % from 2016 (a total of 6.1 billion cubic meters).

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 % against the same period of 2017 (1.1 billion cubic meters).

Alexey Miller and Rainer Seele also discussed the progress of the Nord Stream 2 project. It was highlighted that the permit had already been received for the construction and operation of the new gas pipeline’s offshore section in German territorial waters and the onshore section in the area of Lubmin near Greifswald.

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

To read the article in Russian.


Follow us on Facebook
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru