UK Markets closed

Austria's OMV is receiving roughly 70% less gas than ordered, it says

FILE PHOTO: Logo of Austrian oil and gas group OMV is seen at a gas station in Vienna

VIENNA (Reuters) - Austrian oil and gas company OMV said on Monday it is receiving roughly 70% less natural gas than it ordered after the biggest pipeline carrying Russian gas to Germany began annual maintenance, reducing flows to Europe.

A spokesman for OMV confirmed a figure first reported by Austrian news agency APA. Austria relies heavily on Russia for gas, obtaining about 80% of its supply from that one country. Russian deliveries have recently been between roughly half and 60% of agreed volumes.

(Reporting by Francois Murphy, Editing by Louise Heavens)

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting