European Gazprom Disputes

It is crucially important for us to hold open business based on trust and mutual respect. Being the major gas transit company to Europe we insist on maintenance of transparent commercial conditions of access to our underground gas storage facilities, as well as on establishment of economically feasible price-making mechanisms. Our stance is based on successful European practice on revision of agreements with OJSC Gazprom via the Stockholm arbitration tribunal.

OMV, Gazprom amend gas supply deal terms

28.01.2015 Reuters

Austrian energy group OMV and Russian natural gas exporter Gazprom have agreed to amend a long-term contract for gas supplies, OMV said on Wednesday without disclosing details.