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Austria Takes Gazprom's Haidach Storage

NATURAL GAS

The Austrian government has given away Gazprom’s portion of the Haidach gas storage facility under the “use it or lose it” rules.

  • The energy ministry said the facility should begin being filled on August 1.
  • RAG Austria AG has taken over the storage.
  • The portion amounts to about 14 TWh of working gas volume.
  • "If a storage facility is not being used, other companies get access to it," energy minister Leonore Gewessler said. "As of August 1, the storage in Haidach will be filled."

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