Browsing: Russian gas

A sudden stoppage would have far-reaching consequences for Austria, according to the country’s energy ministry

Austria’s ruling coalition has reportedly agreed to completely eliminate the country’s Russian gas supply by 2027, media outlet Kurier reported on Saturday, citing a draft document.

Russian energy major Gazprom reported its first annual loss since 1999 on Thursday, in the wake of dwindling gas exports due to the Western-sanctions pressure.

MOSCOW, April 26. /TASS/. In 2024, natural gas production in Russia is expected to add 4.6% and climb to 666.7 bln cubic meters in the base case scenario, the Russian Ministry of Economic Development said in its socioeconomic development forecast for the country.

Austrian Energy Minister Leonor Gewessler has revealed a plan to eliminate the country’s energy reliance on Moscow in less than half a decade, the Kurier newspaper reported on Friday, citing the draft legislation.

It was reported earlier that the agenda of the shareholders’ meeting will include, among other things, the issue of the size, timing, and form of payment of dividends based on the results of 2023

Agreements reached will serve “long-term national interests and security of energy supplies” to Hungary, said foreign minister of Hungary Peter Szijjarto

Austria should find a way to get out of the deals brokered by its oil and gas holding OMV on the supply of Russian gas, Minister for Climate Action, Environment, Energy, Mobility, Innovation and Technology Leonore Gewessler said earlier today

Russian pipeline gas supply to the EU jumped by 41% last month on an annual basis, amounting to 2.52 billion cubic meters (bcm), the newspaper Vedomosti reported on Wednesday. 

Gazprom supplied all of the agreed-upon volumes to Austria under a long-term contract, the outlet says