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Gazprom Signs MOU with Edison

Posted by February 24, 2016

Russian state gas company Gazprom said on Wednesday it had signed a memorandum of understanding with Italy's Edison SpA and Greek firm DEPA on supplying Russian natural gas to Europe via the bottom of the Black Sea.
 
The memorandum was signed after a meeting in Rome between Gazprom Chief Executive Alexei Miller and Italy's economy minister, the Russian company said.
 
Gazprom said the document showed the three firms were interested in a route supplying Russian gas along the bottom of the Black Sea and through third countries into Greece, and then from Greece onto Italy.
 
"The development of intra-European gas transport capabilities is an important part of increasing the reliability of supplies of gas, including Russian gas, for consumers across the whole of Europe," Gazprom's Miller said in a statement.
 
(Reporting by Alexander Winning)

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