Middle East Economic Survey

VOL. LII

No 39

28-Sep-2009

CASPIAN

EdF Seeks 10% Stake In South Stream, Says Putin

Russias Prime Minister Vladimir Putin issued a statement, following a meeting with his French counterpart François Fillon, announcing that Frances gas and electricity utility Electricité de France (EdF) was looking to take a 10% equity interest in the Gazprom/Eni South Stream gas pipeline project. On 15 September Kommersant reported that a memorandum of understanding (MOU) between Gazprom...