Gazprom Seeks Support from OMV for South Stream

Russia’s Gazprom and Austria’s OMV met to discuss bilateral cooperation with particular attention to the South Stream project, reads a note released on Sunday. 

The two delegations led by OMV’s CEO Gerhard Roiss and Gazprom’s Alexey Miller met in Sochi on Sunday.

Gazprom supplied OMV with 5.23 billion cubic meters of gas in 2013.

The Austrian company remarked in several occasions that the relations with the Russian giant have not been affected by the on-going negotiations in Brussels.

In December, OMV reached an interim agreement with Gazprom to adjust long-term contracts from an oil-indexation to a more market-based pricing.