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Gazprom May Face Proceedings by Austrian OMV

Published: October 9, 2013; 18:30 · (Vindobona)

OMV considers arbitral proceedings against Russian Gazprom in case no joint solution will be found.

Gazprom May Face Proceedings by Austrian OMV / Picture: © Wikipedia / Waerfelu - Oil Refinery Schwechat

In regard to negotiations with Russian energy giant Gazprom, Austrian OMV hopes for an agreement in the dispute about the delivery contract for liquid natural gas before the turn of the year. In case a solution will not be found, OMV considers taking the action to an arbitral court, just like German RWE. “Negotiations are in the final stages and I assume that we will be able to…

This article includes a total of 442 words.

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