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Austria Looks to the UAE for More Gas

NATURAL GAS

Austrian Chancellor Karl Nehammer will seek more natural gas supplies from the UAE when he heads to Abu Dhabi this week.

  • "We are now working on ensuring security of supply for the following heating season. I am therefore travelling with Magnus Brunner and Leonore Gewessler to Abu Dhabi on Wednesday afternoon to conduct negotiations on how we can reduce our dependence on Russia further and increase security of supply for 2023/2024." he said.
  • "We are well prepared for the coming winter. Our storage facilities are almost full. We have also significantly reduced our dependence on Russian gas, from 80% to 50%," he added.

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