Europe, Russian Gas
Russian Gas Supply to Europe Faces Disruption Risk, OMV Warns
Europe’s gas market has been particularly sensitive to disruptions since the 2022 energy crisis, with supply outages liable to jolt prices. Futures have climbed in recent months on gathering risks to flows, and the threat of an imminent Russian cutoff ...
Russian gas supply could stop to Austria before year-end
Russian gas supply to oil and gas company OMV (OMVV.VI), opens new tab in Austria is at risk of stopping before the end of the year due to an arbitration case against Gazprom, the company said. Austria is one of the few European countries still dependent ...
Gas in Europe is already over $ 500: the decline in Gazprom's supplies has become more real than ever
EADaily, November 14th, 2024. The price of gas in Europe exceeded $ 500 per thousand cubic meters. A new movement was given to her by news from Austria, where OMV announced the winning of compensation from Gazprom in arbitration and plans to receive it from payments that Austrians make for Russian gas on a monthly basis.
European natural gas prices spike as much as 5% to hit €46/MWh on Thursday, reaching their highest level this year, after ...
European natural gas prices surged due to a combination of OMV's legal victory against Gazprom and colder weather increasing ...
Natural gas prices have risen significantly in recent weeks as the market braces itself for the upcoming winter months.
European gas demand remains steady, but regional supply constraints, along with reduced LNG imports, heighten concerns.
However, we would like to begin discussions as soon as possible, to ensure the continued reliable and stable supply of ...
Poland urgently needs to build new gas-fueled power ... for longer to avoid energy supply shortages this decade, ...
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