Reuters: Gazprom deal on track, Wintershall says after Miller comments
BASF's Wintershall on Thursday said a major deal with Gazprom was on track, after comments by the boss of the Russian company led to speculation it may be altered.
Gazprom head Alexei Miller said in a meeting in St Petersburg on Tuesday that some projects dealing with end users in Europe "could undergo certain changes, they could be modified in a certain way."
The deal for Gazprom to take over its Wintershall's German gas trading and storage was on course for completion this autumn, a Wintershall spokesman said in response to an enquiry.
Both parties have seen delays to the execution of the non-cash deal this year, citing legal reasons, but in the context of rising tension between Russia and its western European business partners over the conflict in Ukraine.
MORE