The signing of new long-term contracts with other gas suppliers, such as Azerbaijan, Norway or Algeria, will lead to a decrease in world prices for blue fuel, the Head of the Austrian independent energy regulator (E-Control) Dr. Wolfgang Urbantschitsch said, Trend reports with reference to the Austrian media.
“How long can Austria hold out if Russia cuts the lines overnight? Filling levels roughly correspond to the time of year,” Urbantschitsch said.
The current goal should be to fill the gas storage tanks so that there is enough fuel for next winter, the E-Control head noted. “In Austria, gas is used to heat one million households and also to provide electricity. —Azer News
