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Austrian and UAE Agree LNG Co-Operation

LNG

Austria’s OMV signed an MOU with ADNOC this week to explore a partnership in LNG deliveries.

  • The aim is to buy at least one cargo of LNG winter 2023/24 as the country seeks alternatives to Russian gas.
  • OMV and ADNOC’s co-operation comes as part of plans by the Austrian and UAE governments to co-operate on energy matters.
  • Federal chancellor Karl Nehammer was in the UAE this week seeking more gas volumes for the country.

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