News

2 December 2020

Gas Supplies to Germany under a Long-Term Contract with OMV Started

On 1st December, Gazprom Export LLC began gas deliveries to the German market for OMV Gas Marketing & Trading GmbH. The companies have concluded a new long-term agreement in the end of October 2020. On behalf of Gazprom Group, the document was signed by Elena Burmistrova, Deputy Chairman of the Gazprom Management Committee and Director General of Gazprom Export.

“This new long-term contract proves that Russian pipeline gas will remain in demand in Europe for many years to come. We are glad that our oldest partner OMV will work on Europe’s largest gas market in Germany with gas from Gazprom," said Elena Burmistrova.

 

Background

OMV AG is one of the largest oil and gas companies in Central Europe. OMV AG and Gazprom have been cooperating for over 50 years in gas production, transportation and supplies. OMV Gas Marketing & Trading GmbH is a wholly-owned subsidiary of OMV AG.

Germany is the largest consumer of Russian gas. The total volume of natural gas sold to German partners since the deliveries began in 1973, exceeded 1 trillion cubic meters.

 

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