Supply & Demand

Gazprom and Austria’s OMV extend gas supply contract until 2040

OMV signed an agreement with Gazprom Export on Tuesday for the extension of its gas supply contract with the Russian company until 2040.
By Staff reporter 6 June 2018 0 31177

Austria’s OMV Gas Marketing & Trading signed an agreement with Gazprom Export on Tuesday for the extension of its gas supply contract with the Russian company until 2040, Gazprom said in a note on Tuesday.

The contract was previously set to end in 2028. Russian President Vladimir Putin and Austrian Chancellor Sebastian Kurtz attended the signing of the deal.