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    Reuters: Austria's OMV says its gas storage nearly full

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Austrian energy group OMV's natural gas storage is nearly full, providing a cushion should Russian gas supplies via Ukraine hit any snags

by: Sruthi

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Reuters: Austria's OMV says its gas storage nearly full

Austrian energy group OMV's natural gas storage is nearly full, providing a cushion should Russian gas supplies via Ukraine hit any snags, the head of its gas and power business told Reuters.

"OMV's storage capacity is around 97 percent full," Hans-Peter Floren said on the sidelines of an Austria-Russia Friendship Society meeting late on Thursday. Other companies' storage in Austria was more than 90 percent full, he said.

OMV AG Chief Executive Gerhard Roiss said on Aug. 12 its storage was 88 percent full. He had said on Aug. 4 its storage was 84 percent full and it aimed to top it up completely by the end of September.

Russia is Europe's biggest supplier of oil, coal and natural gas and its gas pipelines through Ukraine are the subject of political manoeuvring, given the backdrop of fighting in the country between government forces and pro-Moscow separatists.
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