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Gas supply for Austria: OMV and Gazprom strengthen partnership

  • Meeting between Gazprom CEO Miller and OMV CEO Roiss to consolidate partnership
  • Challenging environment for gas addressed

The CEOs of Gazprom and OMV, Alexei Miller and Gerhard Roiss, met Tuesday at OMV headoffice to discuss the challenging current market environment for gas. Apart of the ongoing gas supply contract negotiations, the parties also discussed the current political situation, making it clear that Austria’s gas supply is a top priority. Despite the actual situation the import levels for Russian gas are according to the seasonal habits. The partners also discussed optional alternative supply routes for Russian gas for example via “Nord Stream” through OPAL to the center of Europe.

Gazprom CEO Alexei Miller: "We appreciate the ongoing dialogue with business partners like OMV to secure the supply of gas. Gazprom was praised as a reliable supplier contributing significantly to Austria’s energy security. Furthermore it was pointed out that the current geopolitical situation proves the importance of alternative routes for Russian gas supplies to European consumers."

OMV CEO Gerhard Roiss: "In Europe we live in a society with shared resources, products and services. With this in mind, I believe that the economic integration of Europe and our partners in Russia is the way to preserve the stability of our continent. Today’s meeting underlines our partnership with Gazprom, which has been in place for more than 50 years."

This meeting strengthens the business relations between the two companies and contributes to Austria’s energy supply.

Background information:

OMV Aktiengesellschaft
With Group sales of EUR 42.42 bn and a workforce of around 27,000 employees in 2013, OMV Aktiengesellschaft is Austria’s largest listed industrial company. The Exploration and Production business segment has a strong base in Romania and Austria and a growing international portfolio. 2013 daily production stood at approx. 288,000 boe/d. In Gas and Power, OMV sold approximately 425 TWh of gas in 2013. OMV operates a gas pipeline network in Austria and gas storage facilities in Austria and Germany with a capacity of 2.6 bcm. In Refining and Marketing OMV has an annual refining capacity of 17.4 mn tonnes and as of the end of 2013 approximately 4,200 filling stations in 11 countries including Turkey.