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Reuters
Reuters
Business
Francois Murphy

Austria resists including Nord Stream 2 in EU package of Russia sanctions

FILE PHOTO: Austrian Foreign Minister Alexander Schallenberg attends a news briefing following talks with his counterparts from the Czech Republic, Slovakia and Ukraine in Kyiv, Ukraine February 8, 2022. REUTERS/Valentyn Ogirenko/Pool/File Photo

Austria is sticking with its opposition to including the Nord Stream 2 gas pipeline in a package of sanctions against Moscow that the European Union is preparing in the event Russia invades Ukraine, Foreign Minister Alexander Schallenberg said on Friday.

Austrian oil company OMV is one of Russian gas giant Gazprom's partners in the pipeline project connecting Russia to Germany, which has been completed but is not yet operational as it is awaiting German and EU regulatory approval. Austria owns 31.5% of OMV and backs the project.

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