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Austria’s OMV is receiving roughly 70% less gas than ordered, it says

By:
Reuters
Updated: Jul 11, 2022, 09:36 UTC

VIENNA (Reuters) - Austrian oil and gas company OMV said on Monday it is receiving roughly 70% less natural gas than it ordered after the biggest pipeline carrying Russian gas to Germany began annual maintenance, reducing flows to Europe.

Logo of Austrian oil and gas group OMV is seen at a gas station in Vienna

VIENNA (Reuters) – Austrian oil and gas company OMV said on Monday it is receiving roughly 70% less natural gas than it ordered after the biggest pipeline carrying Russian gas to Germany began annual maintenance, reducing flows to Europe.

A spokesman for OMV confirmed a figure first reported by Austrian news agency APA. Austria relies heavily on Russia for gas, obtaining about 80% of its supply from that one country. Russian deliveries have recently been between roughly half and 60% of agreed volumes.

(Reporting by Francois Murphy, Editing by Louise Heavens)

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