Originally published Tuesday, January 6, 2009 at 5:15 AM

Gas from Russia is down 90 percent in Austria

OMV AG, Central Europe's largest oil and gas company, says Austria's natural gas supplies from Russia are down 90 percent.

VIENNA, Austria —

OMV AG, Central Europe's largest oil and gas company, says Austria's natural gas supplies from Russia are down 90 percent.

Austria's Economics Ministry has called an emergency meeting to review the situation. But OMV says it has a three-month reserve which it says is enough to get businesses and homes that heat with gas through the coldest part of winter.

OMV said by early afternoon Tuesday, the gas it imports from Russia was just 10 percent of its normal volume.

Austria gets about 51 percent of its natural gas from Russia. Of the rest, officials say about 31 percent comes from Norway and other countries, and about 18 percent comes from Austria itself.

More Business & Technology headlines...

E-mail article Print view Share: Digg Newsvine

Comments

No comments have been posted to this article. Start the conversation.

Read all comments / Share your thoughts

More Business & Technology

Facebook's future: Web 3.0?

Tech execs double as scourges and sages at Allen & Co.'s media summit

Brier Dudley: Brier Dudley | Learning hard lessons from Boeing giveaways

Symantec, McAfee add firepower to market-share war

Interface: UIEvolution helps content providers get mobile

Advertising

Video

2009 fireworks time lapse
With strict parking rules enforced at this year's July 4th celebration on Wallingford Ave North, less cars and more spectators filled the streets.