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Thursday, April 27, 2006

Gazprom: We Have Great Watch List

27.04.2006 10:55 [] - Russian gas monopoly Gazprom is still eyeing the UK energy company Centrica as a potential takeover target. The possibility of a deal has raised fears in the UK over the security of gas supplies.The admission came as a Financial Times report said the UK Government had ruled out blocking any potential bid for Centrica from the Russian group. In an interview with BBC World, the deputy chairman of the Gazprom board, Alexander Medvedev, admitted Centrica was on its list of potential takeover targets. "Centrica is considered as one of our potential acquisitions but it's very difficult to find a company that is not on our watch list," he said, explaining that Gazprom is planning to turn into a "leading energy company" by taking up stakes in European power stations.

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