Gazprom and OMV Discuss Gas Supplies and Nord Stream 2
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This news is classified in: Traditional Energy Oil and Gas

May 21, 2019

Gazprom and OMV Discuss Gas Supplies and Nord Stream 2

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in Moscow today.

The parties reviewed current areas of cooperation. Among other things, the meeting participants discussed the ongoing exports of Russian gas to Austria, noting that gas exports to the country continue to grow in 2019 and the pace is accelerating. According to preliminary data, gas supplies went up by 20.5 per cent in January-April 2019 compared to the same period of 2018, while the May 1–20 period of this year showed a 44 per cent increase.

Particular attention at the meeting was paid to the ongoing implementation of the Nord Stream 2 project. As of now, 1,290 kilometers of pipes – 52.6 per cent of the gas pipeline's total length – have been laid in the Baltic Sea.

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