European Gas Buyers Near Azeri Deal to Maintain Ukraine Flows [Yahoo! Finance]
OMV AG BEARER SHS S/ADR (OMVKY)
NASDAQ:AMEX Investor Relations:
omvpetrom.com/portal/01/petromcom/petromcom/omv_petrom/investor_relations/omv-petrom-shares-gdrs/shareholding-and-stock-listing-history/!ut/p/b0/04_sj9cpykssy0xplmnmz0vmafgjzoin_e0tar0cny1cddw9pxw93hwndsbapzg1t78g21erac3xr1e!
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Source: Yahoo! Finance
Most Read from Bloomberg Chicago Mayor Seeks Property Tax Hike, Breaking Campaign Vow Is Denver's Big Bet on E-Bikes Paying Off? NY Transit Agency Takes Next Step on Brooklyn-Queens Rail Link A South Korean City Plays Matchmaker to Tackle a Fertility Crisis There Will Soon Be No Meatpackers Left in NYC's Historic Meatpacking District Companies from Hungary and Slovakia are close to signing a contract for as much as 12-14 billion cubic meters of gas a year from Azerbaijan, according to people with knowledge of the matter. It would use the same pipeline network that now carries Russian gas across Ukraine to the European Union. The supplies would effectively substitute for shipments that Europe now receives under the transit deal. The contract would need to involve a so-called swap agreement between Azerbaijan and Russia because Azerbaijan doesn't have enough export capacity to replace the existing supplies. A deal may calm Europe's gas market, which has seen volatility
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