Austrian energy major OMV has been ramping up purchases under its long-term contract with Gazprom Austrian energy conglomerate OMV purchased an average of 5.4 terawatt-hours –or over 55 million cubic meters– of Russian natural gas on a monthly basis last quarter, according to a statement from the company on Tuesday. The amount is more than double compared to last year’s import during the same period for OMV’s total supply to Austria and Germany. The purchase is part of the company’s long-term agreement with Russia’s Gazprom, OMV said. “The uncertainty regarding future delivery volumes remains and could result in
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