Austrian OMV was awarded compensation from Gazprom: they do not rule out stopping supplies
EADaily, November 14th, 2024. Austrian OMV announced that it had won an arbitration claim from Gazprom Export in a dispute over the suspension of supplies under a "German contract" and demanded 230 million euros from the Russian company.
OMV has received an arbitral award of over 230 million euros ($243.06 million) from the International Chamber of Commerce ...
Austrian energy player plans to enforce arbitration award from Russian company revenues for remaining exports to Europe ...
OMV AG warned Russian natural gas supplies may be disrupted as the company intends to stop paying for imports from Gazprom PJSC to recoup damages it won in arbitration. European futures surged to the ...
In a report released on November 14, Bertrand Hodee from Kepler Capital maintained a Hold rating on OMV AG (OMV – Research Report), with a price target of €39.00. The company’s shares closed last ...
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