Gazprom, Austria Discuss Russian Gas Supply Routes to Europe

Gazprom, Austria Discuss Russian Gas Supply Routes to Europe

Alexey Miller, CEO of Gazprom and Gerhard Roiss, CEO of OMV met in Vienna on Tuesday where they addressed the issues of Russian natural gas supply to Austria.

Gazprom’s activities as of a reliable supplier largely contributing to the Austrian and European energy security were highly appreciated. It was pointed out that the current geopolitical situation proved the relevancy of alternative Russian gas routes to European consumers.

As part of the visit, Alexey Miller met with Reinhold Mitterlehner, Austrian Federal Minister of Economy to discuss the status of the Russian-Austrian interaction in the energy sector. It was noted that the years of mutually beneficial partnership played a special part in strengthening the economic ties between the two countries and that further cooperation in the gas sector had considerable development prospects.

Alexey Miller said: “In order to optimize the South Stream project and with the account of Gazprom’s existing contract portfolio, we agreed to the proposal of the Austrian party to look into the possibility of constructing a gas pipeline section in Austria within the existing intergovernmental agreement, simultaneously with the Slovenian section.”

[mappress]

Press Release, April 23, 2014; Image: Gazprom