Middle East Economic Survey


No 49



EDF And Gazprom Sign MOU For South Stream Participation

Frances EDF signed a memorandum of understanding (MOU) with Russias Gazprom on 27 November for potential participation in the construction of the offshore section of the South Stream gas pipeline across the Black Sea. Gazprom said in a statement that the details of EDFs participation in the 900km subsea pipeline will be worked out jointly with Italys Eni, which holds 50% of South...