Austria plans to take over Gazprom’s gas storage facility

“And we will make sure that if Gazprom does not fill up our largest warehouse [Haidach]we will take it from them and [отдадим] other suppliers,” Nehammer said.

The Chancellor also noted that the gas storage is operated on a “use it or lose it” principle. “If you use it, it’s okay, if you don’t use it, other companies can access it. Haidach is strategically important for Germany as well as for the western federal states of Austria.” declared he is in the Kleine Zeitung conversation.

“Gazprom is already feeling the pressure. We’re going to do it with determination [отобрать Haidach]. If he [Haidach] not filled, it should be used by other energy companies,” Nehammer said.

Haidach gas storage controlled a subsidiary of Gazprom – Astora GmbH. According to the company, the storage allows “gas traders, urban power plants and industrial enterprises to equalize seasonal and other temporary fluctuations in energy consumption, ensuring high reliability of gas supply.”

In early April, Gazprom’s subsidiary, Gazprom Germania, which in turn manages Astora GmbH, was effectively nationalized Federal Network Agency (BNA) of Germany. On May 11, Russia imposed sanctions against 31 subsidiaries of Gazprom. In addition to Gazprom Germania, EuRoPol GAZ, a joint venture between Gazprom and the Polish PGNiG, which owns the Polish section of the Yamal-Europe gas pipeline, fell under the sanctions. Thus, the Russian company actually banned use this area for yourself.

Minister for Economy and Climate Protection Robert Habek declaredthat after the subsidiaries of Gazprom were included in the sanctions list, the gas storage facilities controlled by the subsidiaries stopped receiving gas.

Why did Gazprom impose sanctions against its subsidiaries and cut off the gas supply

Analysts have speculated that Russia placed the nationalized subsidiaries of Gazprom on the sanctions list so that they would not receive the preferences they had while under the control of the Russian company. Earlier, the gas monopolist most likely concluded a profitable contract with its subsidiaries, Marcel Salikhov, head of the economic department of the Institute of Energy and Finance, told RTVI.

“Now, in fact, these companies have been nationalized, and an attractive contract continues to operate. From Gazprom’s point of view: why? Our company was taken away, and we still have to supply gas under good conditions. This is illogical in terms of confrontation. In general, the logic is this: “you took our company, we can’t work with it, now deal with it yourself, this is your headache,” the analyst said.

Stanislav Mitrakhovich, a leading expert at the National Energy Security Fund and the Financial University under the Russian government, suggested that sanctions against Gazprom’s subsidiaries should increase pressure on Europe. “I think that Russia <...> creates a certain gas shortage in Europe, trying to push the European side towards Russia, in particular, to transfer payments to a new scheme with two accounts [в конце марта президент России Владимир Путин подписал указ, согласно которым “недружественные страны” должны платить за газ в рублях]’, says the analyst.

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