Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

EdF confirms talks on South Stream with Russia
16.09.2009 23:00
EdF confirms talks on South Stream with Russia

Pierre Gadonneix, the CEO for Electricite de France confirmed the company is in talks with the Russian authorities about joining the South Stream project. EdF possible participation in the project was one of the key topics discussed by the prime ministers of the two countries during the meeting held on the 14th of September.
      
      According to the Kommersant newspaper, the French company may take a 10% stake in the operator of the project, which is currently controlled by Russian Gazprom and Italian Eni on 50/50 basis.
      
      The cooperation agreement between Gazprom and EdF is likely to be signed during the visit of Gazprom's CEO Alexei Miller to France scheduled the end of September.
      
      The South Stream project , the projected capacity of 47-63 cubic metres of gas a year, will be completed in 2013.
      
      Initially EdF's plans included investing in Nabucco pipeline, which is to feed Europe with Asian gas, but the shareholders of the project preferred German RWE to the French company.
      
      The South Stream project is aimed at strengthening the European energy security. The project provides for South Streams offshore section to run under the Black Sea from the Russian coast (Beregovaya compressor station) to the Bulgarian coast. The total length of the offshore section will be around 900 km, maximum depth over two km and full capacity 63 bcm.
      
      The EDF Group a leading player in the European energy industry, present in all areas of the electricity value chain, from generation to trading, and increasingly active in the gas chain in Europe. Leader in the French electricity market, the Group also has solid positions in the United Kingdom, Germany and Italy.
      
      source:
      www.lenta.ru


Tags:      

Next Previous


You might also find interesting:

The Application for Women Entrepreneurs will be Launched in Russia
08.02.2019
The Russian Startup StartRocket Plans to Create an Advertising Billboard in Near-earth Orbit
08.02.2019
The Law on Online Cash Desks (54-FZ) does not Apply to Foreign Organizations
02.09.2018
The Crunchbase Platfrom will Publish Information about the Russian Venture Capital Market
12.07.2019
Sberbank and McDonalds will Cooperate in Innovational Development
26.06.2019







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

search on the map
TAGS:
Moscow Theatres  Twinhall  Federal Service for Consumer Protection and Welfare  Plane rash In Kazan  Russian tourism  Arkhnadzor  Russian tennis  Veterans of Wold War II  Festivals in Moscow  Paleontology  Joseph Stalin  Russian Cinema  Russian Arts and Crafts  Lipetsk Region  travel to Russia  Prince Yuri Dolgoruky  Documentaries  Open-Air Concerts  Russian regions  Mercedes-Benz Fashion Week Russia  Book Tickets for Concerts  Exhibitions in Moscow  Taisia Korotkova  Russian children  Russian Bells  Russian Orthodox Church  Russian business  Running Club  Exotarrium  Russian Nature  Moscow State University  Russian legislation  Budget Deficit   Plesetsk cosmodrome  St. Petersburg  Musa Calil  Music Festivals  Leon Bakst  Marius Bauer  Russian aviation  Monuments in Moscow  Kaluga Region  GOA   FC Anzhi Makhachkala  Sergey Kuryokhin  Moscow  Muzeon Park  All Events  Russian Premier League  Rostov-on-Don 


Travel Blogs
Top Traveling Sites