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    Energy Global: Gazprom and GDF SUEZ discuss co-operation issues

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Summary

Gazprom and GDF SUEZ discussed the current issues of Russian natural gas supply to Europe, particularly addressing the Nord Stream project

by: Sruthi

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Press Notes

Energy Global: Gazprom and GDF SUEZ discuss co-operation issues

A working meeting of Vitaly Markelov and Alexander Medvedev, Deputy Chairmen of the Gazprom Management Committee with Jean-Francois Cirelli, Vice-Chairman and Deputy Chief Executive Officer of GDF SUEZ took place today within the St. Petersburg International Economic Forum 2014.

The parties discussed the current issues of Russian natural gas supply to Europe, particularly addressing the Nord Stream project and its possible expansion. They highlighted the strategic nature of this export route as well as its importance for increasing the reliability of gas supply across the continent.

The meeting participants yet again recognised the significance of gas as an eco-friendly fuel within the European energy mix. In this context, special stress was laid on the importance of advancing such a sector as NGV. It was noted that the existing trend of substituting natural gas by other less eco-friendly energy sources had to be overcome, among other things, due to the efforts of European energy companies.
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