Gazprom, OMV amend gas supply deal

In view of strengthening their partnership, OAO Gazprom and OMV (through its subsidiary EconGas) have agreed on an amendment to the existing gas supply contract.

The long-term contract has thereby been placed on a new footing that reflects changing market conditions, OMV informed in a statement.

The amendment to the contract has been signed in Vienna by Alexander Medvedev, Gazprom Deputy Chairman of the Management Committee, and OMV CEO Gerhard Roiss.

Both parties have agreed not to disclose the contract details.

[mappress mapid=”16605″]