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Wednesday, November 12, 2008

Gazprom, BASF Eye Gas Refining JV

November 12, 2008 - AFX News Limited - Russia's Gazprom and German chemical group BASF are in talks on joint projects in East Siberia that will focus on gas refining, Gazprom's chief executive said on Wednesday. Alexei Miller told reporters that Gazprom, Russia's gas export monopoly, had extensive plans to create a single system of production and transportation of gas in East Siberia. "We have presented this programme to BASF specialists and started serious dialogue on joint work on the plan," Miller said. "We have extensive plans on gas refining and petrochemical projects in East Siberia and I think this will become the main direction of our cooperation," he said.

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