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    Bloomberg; Gazprom May Sell U.K.-Belgium Gas Pipeline Stake After 20 Years

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Summary

Gazprom may sell its stake in Interconnector UK, a pipeline linking the U.K. to mainland Europe

by: Erica Mills

Posted in:

Press Notes

Bloomberg; Gazprom May Sell U.K.-Belgium Gas Pipeline Stake After 20 Years

Gazprom PJSC, the supplier of about 30 percent of Europe’s natural gas, may sell its stake in one of the two pipelines connecting the U.K. to mainland Europe after more than two decades.

The company’s board will consider disposing of its 10 percent stake in the U.K.-Belgium gas link operator, Interconnector UK Ltd., at a meeting on Nov. 30, the Moscow-based producer said in a regulatory filing on Monday.

Read the full article HERE.