Middle East Economic Survey
VOL. LIII
No 10
8-March-2010
CASPIAN
GDF Joins Nord Stream As Talks On South Stream Progress
Russias Gazprom announced on 1 March that it has signed a memorandum of understanding (MOU) with Gaz de France (GDF) for the French company to acquire a 9% stake in the Nord Stream gas pipeline project. Nord Stream construction is due to start next month. GDFs equity share will come from a reduction in the interests of Wintershall and E.ON Ruhrgas. The first of the two Nord...
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