Russia’s energy giant to stop gas deliveries to Austria ...Middle East

Vienna: Austrian energy company OMV said that Russia’s energy giant Gazprom will suspend gas deliveries to Austria starting Saturday. The move came after OMV announced on Wednesday that an arbitration ruling by the International Chamber of Commerce awarded it 230 million euros ($242 million) in a dispute with Gazprom over the latter’s irregular gas deliveries. OMV said in a statement that the award would be offset “with immediate effect” against its payment obligations to Gazprom, as reported by Xinhua news agency. OMV is Gazprom’s only contractual partner in Austria, according to Austrian broadcaster ORF. Austria’s energy and environment minister Leonore Gewessler said Friday afternoon on

Read More Details
Finally We wish PressBee provided you with enough information of ( Russia’s energy giant to stop gas deliveries to Austria )

Also on site :

• Braves Expected To Activate Spencer Strider On Tuesday
• SNL season finale cold open ridicules Trump boasting about ‘pre-bribe’ of $400m Qatar jet
• VUZ gets $12M for its immersive video experiences across emerging markets and the U.S.