OREANDA-NEWS. In Vienna (Austria) in the frames of the official visit of the Russian Federation President Vladimir Putin, Alexey Miller, Chairman of the Gazprom Management Committee and Dr. Wolfgang Ruttenstorfer, Chief Executive Officer and Chairman of the Executive Board of OMV AG have signed a Memorandum of understanding.

Pursuant to the document the parties confirm Gazprom’s intention to participate in the Central European Gas Hub (a 100 per cent subsidiary of OMV Gas International) located at Baumgarten.

The Central European Gas Hub in Baumgarten is one of the largest gas distribution centers in Europe. In 2006 the Hub distributed 7.7 bcm of gas.