Bloomberg News

Gazprom Plans German Expansion Via Bavaria, Sueddeutsche Reports

April 13, 2012

OAO Gazprom wants to invest in gas- fired power plants in Bavaria as part of a plan to expand in the German energy market, Sueddeutsche Zeitung reported.

The Russian gas company, which wants to take majority stakes in new energy projects in the German regional state, met representatives of utilities EON AG, Erdgas Schwaben GmbH and the Bavarian Economy Ministry in Munich on Feb. 27, the newspaper reported, citing a memorandum from the talks.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net


Hollywood Goes YouTube
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus