Austrian utility OMV says supplies from Russia’s state-owned natural gas company Gazprom stopped early Saturday after the company said it would stop payments for the gas following an arbitration award

The Russian energy giant Gazprom has stopped gas supplies for Austrian energy company OMV, just hours after Vienna revealed that Russia had issued a warning about the cut-off. Source: Reuters Details: Austria announced on Friday that Moscow had notified it of a gas cutoff,

Russia told Austria on Friday it will suspend gas deliveries via Ukraine on Saturday, in a development that signals a fast-approaching end of Moscow's last gas flows to Europe.