Monday 14 January 2008

Jeremy

Gazprom eyes Nigerian gas, offers tech transfer

Gazprom, the massive Russian energy company, is reportedly in talks with Nigerian energy officials with a view to developing the country's vast gas reserves under a possible US$2.5 billion deal, prompting fears in Europe and the West about the company's domination of gas supplies. Says the Russian energy giant: "Africa is one of Gazprom's priorities, as the company made a decision to go global in terms of acquiring assets and developing strategy outside Russia". The company is said to be looking at exploration, gathering, processing, technology transfer, and infrastructure development.

Jeremy

Jeremy

Subscribe via email (you'll be added to our Google Group)