Gulf Oil and Gas accountACCOUNT

Gazprom and EDF Discuss Cooperation in Energy Sector

Source: www.gulfoilandgas.com 10/29/2010, Location: Asia

The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Bruno Lescoeur, Senior Executive Vice President of EDF.

The meeting participants discussed the prospects for cooperation in the energy sector. In particular, they addressed the steps towards the French company’s entry in the shareholding structure of South Stream AG. The parties expressed their content with the progress in the appropriate work and were counting that the entry would be finalized as scheduled.

"South Stream is a project of Europe-wide significance and scale. New energy companies and even new states express interest in joining the project. On our part, we are open for such cooperation. It is due to our joint efforts that South Stream will soon turn into a state-of-the-art, reliable and hi-tech gas transmission system," noted Alexey Miller during the meeting.

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Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


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