Global Trade Alert
Global Trade Alert

Austria: Gas Diversification Act 2022 allocates EUR 400 million to diversify energy sources

Announcement

30 Jun 2022

In June 2022, the Austrian government approved a scheme to support companies in diversifying from Russian natural gas.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jul 2022

Revocation date:

31 Dec 2025

Updated: 30 Jun 2022
State aid, unspecified In force

On 30 June 2022, the Austrian government approved the Gas Diversification Act 2022 allocating EUR 400 million (USD 417 million) in state aid to companies in reducing their dependence on Russian nat...

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