Austria Reviews Gazprom Contract After Russian Gas Imports Surge.

The article discusses Austria's review of its natural gas contract with Gazprom PJSC due to a significant increase in Russian gas imports, which accounted for 98% of the country's gas demand in December. Energy Minister Leonore Gewessler expressed concerns about the nation's dependence on Russian gas, stating it jeopardizes Austria's prosperity and security. She plans to appoint experts to explore the possibility of abrogating the long-term contract with Gazprom, which runs until 2040, but any changes would require parliamentary support that appears unlikely given the opposition from major parties. The article highlights the historical context of Austria's reliance on Russian gas and the challenges of transitioning to alternative energy sources. [Extracted from the article]