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Austria estimated the probability of a complete cessation of gas supplies from Russia

The Austrian oil and gas company OMV does not expect that gas supplies from Russia will completely stop. She stated this in a report published on July 28.

“From today’s perspective, OMV does not expect a complete cessation of natural gas exports from Russia, however, uncertainty about future cuts remains and could lead to further losses,” the company said.

On July 20, Austrian Minister for Climate Protection, Ecology, Energy, Transport, Innovation and Technology Leonore Gewessler said that a tense situation would set in Europe if Russia stopped deliveries via Nord Stream. At the same time, she noted that this gas pipeline is not the main route for Austria.

On July 27, gas supplies via Nord Stream from Russia to Germany and other European countries were reduced to 20% of the gas pipeline’s capacity. This happened the day after a warning appeared on Gazprom’s Telegram channel about a decrease in gas supplies due to the shutdown of another Siemens gas turbine engine at the Portovaya CS.

In June, gas pipeline pumping was also partially reduced due to the lack of a Siemens turbine, which Canada refused to return to the Russian side after maintenance due to sanctions. As a result, gas supplies were reduced. On July 17, it became known that the Canadian side nevertheless sent equipment to Germany.

In turn, Kremlin spokesman Dmitry Peskov stressed that the turbine for Nord Stream would be installed after all the formalities and debugging of the technological process.

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