Summary

Austria will lose its primary gas supplier as Gazprom halts deliveries this weekend following a contractual dispute, where OMV claimed €230 million in owed gas.

Austria, historically reliant on Russian gas—up to 98% in late 2023—has prepared by securing imports from Germany, Italy, and the Netherlands, with full storage facilities ensuring no disruption.

Austrian Chancellor Karl Nehammer reaffirmed the country’s commitment to Ukraine, rejecting “blackmail” and citing Gazprom’s attempts to pressure Austria over EU sanctions.