Austria Prepares for Energy Crisis Amid Russian Gas Dependency
Austria is bracing for potential energy shortages as the government emphasizes readiness for winter while maintaining reliance on Russian gas. Despite efforts to diversify energy sources and reduce dependence on Russia, most of Austria’s gas supply is still sourced from Russia, exacerbated by its geographical limitations. A controversial contract signed with Gazprom in 2018 binds Austria until 2040, requiring payment regardless of gas needs. The Energy Minister, Leonore Gewessler, expresses optimism that halting Russian gas supplies marks the end of Russian leverage over Austria’s energy security.