Supply Stop and Human Rights Allegations for OMV

PeopleOther ♦ Published: May 22, 2024; 21:17 ♦ (Vindobona)

OMV, Austria's leading energy company, is currently under immense pressure. Two developments could have a significant impact on the company and the Austrian energy market: the threat of Gazprom stopping gas supplies and serious allegations of involvement in war crimes against former OMV executives in Sudan.

OMV warns of a possible cessation of gas supplies from Russia. / Picture: © Vindobona.org

OMV has published an urgent message warning of a possible interruption of gas supplies from Russia. The reason for this is a foreign court ruling that allows a large European energy company to enforce payments from the gas supply contract with Gazprom to this company. If the judgment is enforced against OMV in Austria, OMV would have to make payments from its gas supply contract with…