Economics
Austrian Gas Pipeline Explosion Disrupts Key EU Supply Hub
- One missing and 21 injured at Baumgarten facility in Austria
- Link handles about a 10th of European natural gas supply
Pipeline Crack, Austria Explosion Roil Markets
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An explosion at a key European natural gas hub in Austria killed at least one person and caused supply disruptions that roiled the continent’s energy markets.
At least 21 people were injured and one missing and presumed dead after the blast at Gas Connect Austria’s hub in Baumgarten shortly before 9 a.m. local time, according to a statement from the operator. The company, which is 51 percent owned by OMV AG, doesn’t know what caused the blast.