Gazprom Resumes Flows to Italy via Austria as Spat Resolved
- Gazprom has found a solution to allow gas to transit Austria
- Italy’s Eni confirmed that flows via Austria have resumed
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Russian gas supplies to Italy via Austria resumed, bringing some temporary relief to gas prices in Europe.
Gazprom PJSC said it has found a solution with Italian buyers to overcome the regulatory changes in Austria at the end of September that were preventing transit flows, according to a company statement on Telegram. Benchmark gas futures fell as much as 4.7% after the news.