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    Home > Finance > OMV sees positive Q4 earnings effect of $215 million from Gazprom arbitration
    Finance

    OMV sees positive Q4 earnings effect of $215 million from Gazprom arbitration

    Published by Global Banking & Finance Review®

    Posted on January 14, 2025

    1 min read

    Last updated: January 27, 2026

    An image representing OMV's anticipated $215 million earnings boost from Gazprom arbitration, highlighting the company's strategic financial developments in the energy sector.
    OMV financial growth through Gazprom arbitration award - Global Banking & Finance Review
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    Tags:oil and gascorporate profits

    Quick Summary

    OMV anticipates a $215M Q4 earnings boost from a Gazprom arbitration award, impacting its Gas Marketing & Power unit.

    OMV Anticipates $215 Million Boost in Q4 Earnings from Gazprom Arbitration

    (Reuters) - Austrian oil and gas group OMV said on Tuesday it expects a positive impact of around 210 million euros ($215.4 million) on its fourth-quarter earnings from an arbitral award linked to its German gas supply contract with Gazprom.

    The Vienna-based firm added the positive net impact would be recorded in the clean operating result of its Gas Marketing & Power business unit.

    OMV said in November it had received an award of more than 230 million euros from the International Chamber of Commerce in connection with irregular German gas supplies from Gazprom Export.

    The group recorded mixed average energy prices in the fourth quarter, hindered by a 7.4% fall in average realized crude oil price, it said in a trading update on Tuesday.

    Average realized price for natural gas meanwhile rose 22.9% to 30.6 euros per MWh.

    OMV will publish its full fourth-quarter results on Feb. 4.

    ($1 = 0.9751 euros)

    (Reporting by Tristan Veyet and Isabel Demetz in Gdansk, editing by Milla Nissi)

    Key Takeaways

    • •OMV expects a $215 million boost from Gazprom arbitration.
    • •The award relates to a German gas supply contract.
    • •OMV's Gas Marketing & Power unit will record the impact.
    • •Energy prices were mixed in the fourth quarter.
    • •OMV's full Q4 results will be published on Feb. 4.

    Frequently Asked Questions about OMV sees positive Q4 earnings effect of $215 million from Gazprom arbitration

    1What is the expected earnings effect for OMV in Q4?

    OMV expects a positive impact of around 210 million euros ($215.4 million) on its fourth-quarter earnings from an arbitral award.

    2What was the arbitral award amount related to Gazprom?

    The International Chamber of Commerce awarded OMV more than 230 million euros in connection with irregular German gas supplies from Gazprom Export.

    3How did energy prices perform in Q4 according to OMV?

    OMV recorded mixed average energy prices in the fourth quarter, with a 7.4% fall in average realized crude oil price, while the average realized price for natural gas rose 22.9%.

    4When will OMV publish its full fourth-quarter results?

    OMV will publish its full fourth-quarter results on February 4.

    5What business unit will record the positive impact from the arbitration?

    The positive net impact will be recorded in the clean operating result of OMV's Gas Marketing & Power business unit.

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