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.

Austrian chancellor says Russia's Gazprom will cut off natural gas on Saturday, says country has alternative supplies

Austria's chancellor says Russia’s state-owned natural gas company Gazrom will cut off supplies early Saturday to Austrian utility OMV.

Austria's biggest energy supplier is trying to recover damages awarded during arbitration from Gazprom by essentially stopping some payment for gas supplied via Ukraine.

Austria's utility, OMV, will cease receiving gas from Russia's Gazprom following a 230 million-euro arbitration win. Austria's gas storage is full, ensuring citizens won't face shortages. The cutoff impacts Gazprom's annual revenue by about $2.

By Jan Lopatka and Vladimir Soldatkin PRAGUE/MOSCOW (Reuters) -Russian gas appeared to still be reaching Austria despite Gazprom cutting off flows to top Austrian importer OMV over the weekend due to a contractual dispute,

STORY: Russia's invasion of Ukraine roiled the energy supply network of Europe as EU nations outraged by the war looked to buy gas supplies elsewhere. But enduring European demand for cheap Russian gas was apparent after Russia's state energy firm Gazprom over the weekend halted fuel deliveries meant for Austria,

Russian gas exports through Ukraine to Europe - the main transit route for the gas to the EU - were stable on Monday, according to Kremlin-controlled energy company Gazprom, despite the company cutting off gas supplies to Austria's OMV.