By Newsbase Russia’s Gazprom cut off its natural gas supply to Austria’s biggest oil and gas company OMV on November 16, the latter’s trading arm reported on the previous day, triggering a spike in European gas prices.

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

Russia's Gazprom has announced the suspension of gas deliveries to Austria, signaling a potential end to Russian gas flows to Europe. Austria, still reliant on Russian gas, faces energy crisis challenges.

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.

Russia will stop its gas deliveries to Austria from Saturday, Austrian oil and gas group OMV said on Friday. OMV said it had received notice from Gazprom Export, a subsidiary of Kremlin-controlled energy giant Gazprom.

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.

Austria's multinational gas company OMV announced on Friday that Gazprom would cut off the delivery after OMV said it would stop paying for its gas after winning an arbitration va

The Russian energy company Gazprom abruptly halted deliveries of natural gas to Austria on Saturday following a legal dispute over supply interruptions. The stoppage was confirmed to dpa by Austrian energy company OMV spokeswoman Sylvia Shin.

Russia's state-owned oil and gas company Gazprom stopped selling gas to OMF, Austria's main provider on Saturday.