Russia sees European gas firms consortium possible

Russian PM said he believed a deal was possible "reasonably fast" on a consortium of European gas firms.

Russia sees European gas firms consortium possible

Russian Prime Minister Vladimir Putin said on Friday he believed a deal was possible "reasonably fast" on a consortium of European gas firms which could provide gas to Ukraine and get pipelines to Europe working again.

"We propose to share risks and create something like a consortium, invest money in it and supply the technical gas. I think this can be done reasonably fast," Putin said at the start of a meeting with European gas firms in Berlin.

Paolo Scaroni, chief executive of Italian energy giant Eni SpA , a participant in the meeting, said he intended to agree on concrete proposals on solving the gas row in the next few hours.

Reuters
Last Mod: 17 Ocak 2009, 12:00
Add Comment