OMV Set to Supply Romanian Gas to Germany From 2027

The Romanian business of Austria’s energy giant OMV has reached an agreement with German firm Uniper to supply natural gas to Germany from a Black Sea project from 2027, sources with knowledge of the deal have told Reuters. Austria and Europe as a whole are looking to secure alternative gas supply to offset the loss of Russian pipeline gas deliveries. Russia began cutting off European customers after the invasion of Ukraine in 2022. Later that year, the Nord Stream pipelines in the Baltic Sea to Germany were blown up, while the Russian gas…