Middle East Economic Survey

VOL. LIII

No 48

29-Nov-2010

ISRAEL/EAST MEDITERRENEAN

Gazprom In Talks With ACC International To Buy Into Med Ashdod Block

Russias Gazprom is negotiating with ACC International Holdings for the purpose of buying a large stake in the Med Ashdod Block, the Israeli media has reported. Reports in the Russian media say Gazprom intends to purchase 50% of a private Israeli company with licenses in offshore deposits, form a joint venture and start exploration and...