OMV Says Russian Gas May Halt After Arbitration Win Over Gazprom [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
Gazprom PJSC, boosting the Austrian firm's profit while potentially ending procurement from the Kremlin-controlled company. Most Read from Bloomberg Under Trump, Prepare for New US Transportation Priorities Zimbabwe City of 700,000 at Risk of Running Dry by Year-End Saudi Neom Gets $3 Billion Loan Guarantee From Italy Export Credit Agency Sace The Urban-Rural Divide Over Highway Expansion and Emissions Arizona Elections Signal Robust Immigration Enforcement Under Trump The award under International Chamber of Commerce rules was related to “irregular” German gas supplies in the months leading to September 2022, according to a statement late Wednesday. OMV said it will offset that amount against invoices under its long-term Gazprom supply contract, potentially setting up a “halt of gas supply” from Russia. While Russian pipeline flows over Ukraine are expected to end in December, when a transit agreement with Kyiv expires, the region's gas market has been particularly se
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