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Austria’s OMV says will not take part in reverse gas supplies to Ukraine

August 12, 2014, 13:38 UTC+3 VIENNA
The Russian monopoly gas exporter Gazprom did everything to fulfil its obligations, Chief Executive of the Austrian oil and gas company says
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© EPA/Eustream / HANDOUT

VIENNA, August 12./ITAR-TASS/. Austrian oil and gas company OMV will not reverse gas to Ukraine if it harms supplies to its key partners, Chief Executive Gerhard Roiss said on Tuesday.

Even if the company had a chance to make short-term high-margin supplies to other customers, it would not do this, he said.

Fulfilling 45-year obligations to the partners and reliable supplies to those who trust OMV were the company’s priorities, Roiss added.

Ukraine's stopping Russian gas transit to Europe is an unlikely scenario, Chief Executive of the Austrian oil and gas company OMV Gerhard Roiss said.

The Russian monopoly gas exporter Gazprom did everything to fulfil its obligations, and preventive measures had been taken to diversify supplies, he said.

The company did everything to circumvent possible transit risks by rerouting gas supplies and fill European underground gas storage facilities, he added.

OMV storages were 88% filled, and the company prepared to the cold season on schedule, said Roiss.

Freeze of South Stream pipeline’s section in Bulgaria will not delay the project’s terms, Chief Executive of the Austrian oil and gas company OMV said.

Last week, the Russian monopoly gas exporter Gazprom announced the terms were not delayed, Gerhard Roiss said adding the European Commission might work out a realistic approach to this issue by the autumn.

 

 

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