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Wednesday, September 05, 2007

Yuzhno-Russkoye deal 'in sight'

04 September 2007 - Upstream OnLine - German player E.ON said today it hopes to reach an agreement with Russian giant Gazprom about jointly developing the Yuzhno-Russkoye gas field by the end of this month. The company made the annuoncement in a statement confirming comments made by company boss Wulf Bernotat to Russian news agency Interfax. Last month, E.ON said it was considering giving Gazprom stakes in gas-to-power plants in the UK as part of asset swaps under discussion.

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