Russia: Gazprom and BASF Discuss Progress on Nord & South Stream

Business & Finance

Gazprom and BASF Discuss Progress on Nord & South Stream

Alexey Miller, Chairman of the Gazprom Management Committee and Kurt Bock, Chairman of the Board of Executive Directors of BASF held a working meeting at the Gazprom headquarters.

 Different aspects of cooperation in the oil and gas sector were addressed in the course of negotiations.

The parties have discussed the progress with execution of two large-scale projects, namely Nord Stream and South Stream. Moreover, the meeting paid special attention to joint projects carried out in Russia and to cooperation in Europe.

Alexey Miller and Kurt Bock made a pointed reference to the fact that the end of the current year will see the fifth anniversary of successful cooperation in the frame of Yuzhno-Russkoye field development, which is of strategic importance for natural gas supplies to Europe.

[mappress]
Press Release, September 26, 2012