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E.On Afraid Gazprom Sign Up Its Rivals

Gazporm, Russia's biggest gas producer, has negotiated with its German partner...

E.On Afraid Gazprom Sign Up Its Rivals

Gazporm, Russia?s biggest gas producer, has negotiated with its German partner E.ON and RWE and BASF about Siberian gas field exploration.

E.ON, which owns a 6.5-percent stake in Gazprom, last summer signed the agreement on joint exploration for the Yuzhno-Russkoye field with Russian gas giant.

However, Gazprom might sign up E.ON?s rival RWE or BASF, whose Wintershall subsidiary has struck a Siberian gas field joint venture with Gazprom to explore the Urengoi field.

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