Gazprom to Build German Power Plant

Oil and Gas Investing

Bloomberg reported that Gazprom intends to revisit plans to build a German power plant to increase sales by way of its Nord Stream pipeline.

Bloomberg reported that Gazprom intends to revisit plans to build a German power plant to increase sales by way of its Nord Stream pipeline.

As quoted in the market report:

The northeastern German state where the pipeline comes ashore from the Baltic Sea is lobbying to build gas-fired power generators and has asked Gazprom to participate, Gunnar Bauer, the spokesman for the Economy Ministry of the state of Mecklenburg-Vorpommern, said by e-mail yesterday. A Gazprom Export official, who declined to be identified in line with company policy, confirmed its interest in the power project.

To view the whole Bloomberg report, click here.

The Conversation (0)
×