Bloomberg News

Putin Says U.K. in Talks to Join Nord Stream Gas Link, IFX Says

March 02, 2012

The U.K. may join the Russian-led Nord Stream gas pipeline under the Baltic Sea to Germany and beyond, Prime Minister Vladimir Putin said, Interfax reported.

“We have begun negotiations that will allow Great Britain to join Nord Stream and gradually become a gas importer,” Putin was cited as saying by the Russian news service. Putin didn’t elaborate on U.K. participation in the project.

Putin said economic relations between the U.K. and Russia are currently “bad,” with just $16 billion in bilateral trade versus $72 billion with Germany.

To contact the reporter on this story: Denis Maternovsky in Moscow at dmaternovsky@bloomberg.net

To contact the editor responsible for this story: Brad Cook at bcook7@bloomberg.net


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