Austrian energy group ÖMV will continue to buy most of its gas from Russia this winter, its chief executive has said, even though the company has secured back-up contracts to fully cover its import needs from other sources.
Alfred Stern said that, 18 months after Russia’s invasion of Ukraine, his company was not making any plans to try to exit its long-term supply contract with Russia’s Gazprom, which it signed in 2018. Russian gas is not subject to western sanctions.
“As long as Gazprom will supply . . . we will continue to take these quantities from Gazprom,” Stern said in an interview with the Financial Times.
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