Austria's OMV secures $243 million arbitral award for Gazprom's irregular German gas supplies
Austrian integrated oil and gas company OMV announced on Nov. 13 that it had secured an arbitral award from the International Chamber of Commerce exceeding $243 million (230 million euros). This ruling relates to irregularities in German gas supplies provided by Gazprom. OMV noted that the award, which includes interest and costs, will help offset […]