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Wednesday, February 01, 2006

Strategic German partner owns 10% of Gazprom shares - Putin

BRIEFLY MOSCOW. Jan 31 (Interfax) - A strategic German partner owns 10% of Gazprom (RTS: GAZP) shares, Russian President Vladimir Putin said at a press conference in the Kremlin on Tuesday. "We've chosen a strategic partner. You know that we have a German company there with 10%. [Gazprom] in essence is an international company," Putin said. According to official reports, the German company E.ON Ruhrgas owns a 6.4%-6.5% share in the Russian gas monopoly. In addition, E.ON Ruhrgas CEO Burckhard Bergmann has been a member of the Gazprom board of directors since 2000.

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