30 May 2007 - 14:25
  • News Code: 105974

Russia"s Gazprom will continue investing in the EU despite diplomatic tensions between Brussels and Moscow, the company"s deputy chairman said.

Speaking to the Financial Times, Alexander Medvedev said that Gazprom"s "strategy was already announced several years ago -- to become a leading world energy company which will participate in all parts of the value chain and with a diversified portfolio of products and diversified geographical activity."


Medvedev also warned that Germany, Poland and other eastern European countries may be undermining the EU"s policy-making in favour of their own national interests.


"I believe that certain issues which have pan-European importance have come under the negative influence of countries which are not taking care of the problems of the whole of Europe but are pursuing their own egoistic and very strange directions," he added.


While Gazprom was interested in potential EU acquisitions, he said that it had not approached British energy company Centrica or Russian-British joint venture TNK-BP over Gazprom investing in TNK-BP"s Kovykta field in eastern Siberia.




News Code 105974

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