Friday, 2 January 2015

Gazprom buys out South Stream partners

OIL AND GAS
Gazprom buys out South Stream partners
Moscow (UPI) Dec 30, 2014 - Russian energy company Gazprom said it signed agreements with former joint venture partners to take full ownership of the South Stream gas pipeline group. Gazprom announced it bought out its partners at Italian energy company Eni, French major EDF and Germany's Wintershall to take full control over the venture. None of the companies involved in the operation disclosed the financi ... more


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