Austria's OMV said on Wednesday it had terminated its long-term gas supply contract with Gazprom after the Russian firm stopped deliveries last month amid a row that has been highly politicized due to the war in Ukraine.

The Austrian oil and gas company OMV has announced the termination of a natural gas supply contract with the russian Gazprom. The contract was concluded in

Russia’s state-backed gas supplier has had a key European contract terminated in a blow to Vladimir Putin’s war economy. Austria’s OMV said it had cancelled its long-term deal with Gazprom following a long-running legal row over disruption to supplies in 2022 following the invasion of Ukraine.

OMV continues to implement diversification strategy for gas supply sources and additional pipeline capacities, OMV head says - Anadolu Agency

Russian gas exports to Europe through Ukraine remained stable despite Vienna-based OMV's contract termination with Russia's Gazprom due to a contractual dispute. Austria's reliance on Russian gas has come under scrutiny,

The termination of this contract significantly reduces the risk exposure of OMV Gas Marketing & Trading (OGMT).

Austrian oil and gas firm OMV said on Wednesday it had ended its long-term contract with Russian energy giant Gazprom after the latter ceased supplying

The Austrian energy company OMV said on Wednesday that it has terminated its long-term gas supply contract with Russia's Gazprom, effective immediately, due to "several fundamental breaches of contract.