Middle East Economic Survey

VOL. LIII

No 26

28-Jun-2010

CASPIAN

Gazprom And Eni Finalize Deal For EDF To Join South Stream, Consider Routing Options

Gazprom Deputy Chairman and CEO Alexei Miller announced on 19 June that the Russian firm and Italys Eni have finalized an agreement to enable the participation of Electricité de France (EDF) in the South Stream gas pipeline projects. The deal would give a minimum of 10% interest in the 900km underwater section of the pipeline to EDF at the expense of...