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Ukraine Will Block Gas Transit: Challenges and Opportunities for OMV and Europe
Ukraine's decision to stop transiting Russian natural gas to the West from 2025 poses a significant challenge for OMV and for several European countries. The announcement, made by the head of Ukrainian energy company Naftogaz, Olexiy Chernyshov, raises several questions about energy security and dependence on Russian gas.
October 29, 2023
Europe's Energy Dilemma Requiring Austria and Germany to Rethink in Wake of Russian Aggression
Due to the Russian aggression against Ukraine, Europe has to face new questions about energy policy, which had been known for many years but were largely ignored and deferred. The much-discussed gas embargo in recent weeks is to further intensify the sanctions against Russia and its economy. Read more about the current situation.
April 6, 2022
How Gazprom Helps the Kremlin to Manipulate Austria
The Russian government uses the majority state-owned energy corporation Gazprom to exploit Europe's dependency on Russian natural gas, and Austria is no exception. Read how the Kremlin uses Gazprom to influence Austria.
March 8, 2022
Putin's People in Austria and Beyond
Following Putin's invasion of eastern Ukraine with the aim of regaining former Soviet territory, two former European prime ministers from Italy and Finland have already resigned from the supervisory boards of two Russian companies. However, some Austrian and German politicians see no reason to resign their mandates. In the following some explanations why.
February 25, 2022 · Updated: February 25, 2022; 11:23
Austria's Position on the Russia-Ukraine Conflict
Despite ongoing diplomatic efforts, tensions between Russia and Ukraine remain high as Russia still has thousands of troops stationed on the Ukrainian border. Read Austria's position on the issue.
January 22, 2022
Austria's List of Pro-Kremlin Lobbyists Has One Cooperation Partner Less
The Austrian Freedom Party (FPÖ) has announced that it will not extend a memorandum of understanding (MoU) with the United Russia (Единая Россия) party, a nationalist-conservative rallying party. It is the party with the largest membership in the Russian Federation under party leader Dmitry Medvedev, who supports Vladimir Putin's course. However, Russia can still rely on other former Austrian politicians. Read on to see who the most prominent supporters are.
December 16, 2021 · Updated: January 4, 2022; 14:50
US Embassy Chargé D'Affaires Dunnigan Portrays Relationship with Austria Under the Biden Administration
Robin Dunnigan, temporary head of the US Mission in Vienna in an interview with Austrian media highlighted the different fields of cooperation and discord between the US and Austria under the new Biden administration.
May 11, 2021
Austria's Dependence on Russian Gas Increased by 33 Percent
The effects of the amendment to the contract on gas supplies from Russia to Austria signed last year become visible. A meeting in Moscow between Rainer Seele, Chairman of the Executive Board of OMV, and Alexey Miller, Chairman of the Gazprom Management Committee, revealed that gas deliveries between January 1 and March 5, 2019 increased by 32.9 per cent compared to the same period last year.
March 6, 2019
Chancellor Kurz in Washington, D.C. - Trump Demands Higher Military Expenditures
US President Donald Trump and Chancellor Sebastian Kurz met in the White House for a working meeting. The trade relations, the demand for higher military expenditures for Austria, the Nord Stream 2 pipeline project and the Serbia-Kosovo conflict were addressed.
February 21, 2019
OMV Celebrates 50 Years of Lucrative Natural Gas Business
On 1 June 1968, a historic gas supply contract was signed in Vienna, establishing Austria’s role as a key country in Europe’s natural gas network. The 50-year collaboration with Russia is a win-win situation. Then, as now, natural gas plays a key role in OMV's portfolio, as European demand will continue to increase over the next decades. OMV is Gazprom’s main partner in Austria. The companies cooperate in gas production, transportation and supplies.
June 6, 2018
Putin's Austria Visit: Extension of Gazprom Gas Supply Contract until 2040
OMV has formally confirmed the extension of the gas supply contract with Russia's Gazprom on the occasion of the visit of Russian President Vladimir Putin to Austria by the two CEOs Alexey Miller and Rainer Seele.
June 6, 2018
Vladimir Putin on PR Campaign in Austria
Vladimir Putin is on his sixth official state visit to Austria. Officially, on the occasion of the 50th anniversary of the gas supply contract between Austria and Russia, this is a working visit to President Van der Bellen and Chancellor Kurz. In fact, a new gas supply contract between Gazprom and OMV is the main reason for the visit. Other gas deals are still in the negotiation phase, namely the Gazprom Urengoy gas field asset swap and the Nordstream 2 pipeline project. The Central European Gas Hub in Baumgarten/Lower Austria, an important gas distribution hub from the Russian perspective, could also be on the agenda.
June 5, 2018
Chancellor Kurz Visits President Putin: "The situation in Syria is dramatic"
Austrian Chancellor Sebastian Kurz traveled to Moscow to meet Vladimir Putin. The focus of the trip was a working meeting with the Russian President, with whom Kurz discussed, among other things, the bilateral relations of both countries, the relationship between Russia and the EU, the Ukraine conflict and the current situation in Syria.
February 28, 2018
Putin: Gas pipeline Nabucco with "little chance of success"
Putin gives the competition project of the South Stream gas pipeline little chance of being realized, because as of now, Nabucco has no suppliers.
September 8, 2010
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