OMV AG has been awarded €230 million ($243 million) by Gazprom PJSC following an arbitration ruling by the International Chamber of Commerce.
The ruling is related to a dispute over gas deliveries in 2022, specifically concerning "irregular" German gas supplies before September 2022.
This financial gain is expected to boost OMV's profits, but there are concerns about potential implications for future gas procurements from Russia.
The outcome highlights ongoing tensions in energy supply agreements due to fluctuating market conditions.