GDF Suez can count on 9 pct in Nord Stream-Gazprom

Fri Jun 26, 2009 11:05am EDT
 
[-] Text [+]

MOSCOW, June 26 (Reuters) - France's GDF Suez (GSZ.PA) will likely get a nine percent stake in the Nord Stream pipeline, running from Russia to Germany, the project leader, Russia's Gazprom (GAZP.MM), said on Friday.

"The level of participation of Gaz de France (GDF Suez) will be the same as of Dutch Gasunie," said Gazprom's export chief Alexander Medvedev.

Gazprom has 51 percent of the project, Gasunie has 9 percent and Germany's E.ON EONG.DE and BASF (BASF.F) share the rest.

(Moscow Newsroom, + 7 495 775 12 42)

 

Featured Broker sponsored link