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Austrian oil and gas company OMV said on Tuesday that it has extended an Austrian gas supply contract with Gazprom until 2040
.
OMV said existing gas supply contracts could only last until 2028
.
OMV CEO Rainer Seele said: "By 2030, more than 80% of the EU's gas demand will depend on imports
.
”
"With the extension of this gas supply contract, we are making an important contribution to the supply of Austria and other European countries to meet the growing demand
," he said.
”
Austrian oil and gas company OMV said on Tuesday that it has extended an Austrian gas supply contract with Gazprom until 2040
.
OMV said existing gas supply contracts could only last until 2028
.
OMV CEO Rainer Seele said: "By 2030, more than 80% of the EU's gas demand will depend on imports
.
”
"With the extension of this gas supply contract, we are making an important contribution to the supply of Austria and other European countries to meet the growing demand
," he said.
”