• 25/06/2012
  • |     BB

Gazprom and EDF Sign Agreement on Gas Power Generation in Europe

Agreement provides for possibility of joint construction of gas-fired power plants and acquisition of existing ones on a parity basis.

Trefwoorden: #EDF, #Gas power generation, #Gazprom

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( Foto: Gazprom, Alexey Miller )

ENGINEERINGNET.EU -- Alexey Miller, the Chairman of the Management Committee of Gazprom and Henri Proglio, Chairman and CEO of EDF have signed a Cooperation Agreement in respect of potential collaboration for gas-fired power plants in Europe.

The document provides for the possibility of joint construction of gas-fired power plants and acquisition of existing ones on a parity basis. The agreement also stated that Gazprom would be the exclusive supplier of gas for the needs of joint power plants.

Henri Proglio: "This agreement is part of the ongoing collaboration between EDF and Gazprom, which began in November 2009, within the areas of gas and electricity, the first real implementation of which was EDF's involvement in the offshore section of the South Stream gas pipeline project. Today, EDF and Gazprom are extending their collaboration to future projects for gas-fired power stations in Europe."