Despite Austria's announcements about halting the import of Russian gas, deliveries have only slightly decreased. A decision regarding the transit agreement with Ukraine, which could affect the resource flow,

Russia's natural gas exports through Ukraine to Europe have been stable on Thursday, Kremlin-controlled gas giant Gazprom said, despite a contractual row with Austrian energy company OMV .

Austria's chancellor says Russia’s state-owned natural gas company Gazrom will cut off supplies early Saturday to Austrian utility OMV.

Gazprom halted supply to Austria's OMV on Saturday over a contractual dispute, the Vienna-based company said, while Gazprom has not commented. It is not clear where the gas volumes intended for OMV have been redirected.

Austrian utility OMV says supplies from Russia’s state-owned natural gas company Gazprom stopped early Saturday after the company said it would stop payments for the gas following an arbitration award.

European natural gas extended a rally to trade near the highest this year as geopolitical tensions escalated, with Ukraine’s forces firing British cruise missiles at military targets inside Russia for the first time.