Several LNG tankers are being rerouted from Asia to Europe due to a sharp increase in gas prices after Russia’s sudden decision to stop gas supplies to Austria’s OMV, an oil and gas company, according to new data from analytics firm Kpler.
Gazprom, Russia’s state-run energy giant, stopped deliveries to OMV on November 16 after the Austrian energy company threatened to seize Russian gas as compensation for a favourable arbitration decision in a contract...