Gazprom supply stop

Russian gas continued to flow to Austria on Sunday

The flow of gas from Russia to Austria at the Baumgarten hub in Lower Austria remained stable on Sunday. "The gas flow also appears to be stable today at the level that has fallen slightly since yesterday," writes E-Control expert Leo Lehr on X.

On Saturday, a good ten to 20 percent less gas arrived than usual in recent months. OMV will no longer be supplied with gas from Russia's Gazprom after the delivery stop on Saturday.

Russian gas flows to Baumgarten
According to the daily situation report from Austrian Gas Grid Management (AGGM), the "volume registrations from market participants for today again show only a slight import restriction in Baumgarten". The flow to Austria is currently reduced, but approximately the same volume is flowing to Slovakia via Ukraine as recently, Lehr added to APA.

"This means that the same gas is coming via the Ukraine route as last week. But apparently some of it is also staying in Slovakia," said Lehr. It is therefore obvious that Slovakian market participants will take over some of the OMV volumes.

The background to the Gazprom gas supply freeze to OMV is the ruling of an arbitration court, which awarded OMV 230 million euros in damages. OMV subsequently announced that it would cease payments to Gazprom in order to recover the millions awarded.

Rising network costs will increase prices in 2025
According to experts, Gazprom's move will not lead to a noticeable increase in prices for consumers in the coming months. However, due to the increase in network costs from 1 January 2025, costs for households are likely to rise.