“The mention by the Financial Times that OMV will open an account in Switzerland to pay for gas supplies is certainly false.

We have analyzed Gazprom's request for payment methods in light of the EU sanctions and are now working on a solution that meets the sanctions,” they said.

As noted by Austrian Chancellor Karl Nehammer, Vienna has accepted Russia's new conditions for paying for gas.

According to the Minister of Finance of the country, Magnus Brunner, the embargo on Russian gas will hit Austria harder than Russia.