Austria says Russia’s Gazprom will cut off natural gas supply this weekend

Associated Press

VIENNA (AP) — Austria’s chancellor says Russia’s state-owned natural gas company Gazrom will cut off supplies early Saturday to Austrian utility OMV. Chancellor Karl Nehammer said Friday that his country’s underground gas storage is full and that it has alternative non-Russia supplies. The cutoff follows OMV’s announcement that it would stop paying for Gazprom gas to its Austrian arm to offset a 230 million-euro or $242 million arbitration award it won over an earlier cutoff of gas to its German subsidiary. Nehammer said that Austria has a secure supply of alternative fuel and that “no one will freeze.”