Gazprom and OMV discuss cooperation-related issues
Background
OMV AG is Gazprom's main partner in Austria. The companies cooperate in gas production, transportation and supplies.
In June 2018, an Agreement was signed to extend until 2040 the existing contract between Gazprom Export and OMV Gas Marketing & Trading GmbH for Russian gas supplies to Austria.
In 2018, Gazprom supplied to Austria 12.3 billion cubic meters of gas.
Nord Stream 2 is the construction project for a gas pipeline with the annual capacity of 55 billion cubic meters from Russia to Germany across the Baltic Sea. In 2017, Nord Stream 2 AG signed agreements with ENGIE, OMV, Royal Dutch Shell, Uniper, and Wintershall to provide financing for 50 per cent of the total cost of the project.
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