E.ON Russia Plans to Discuss New Gas-Purchase Deal With Rosneft

By Reuters

June 9, 2015

E.ON Russia plans to discuss signing a new gas-purchase agreement with Russian state oil company Rosneft, E.ON's Russian unit said Tuesday.

A spokeswoman for the company said it would be a new agreement. E.ON Russia's board plans to discuss the potential deal on June 10, she added.

She did not provide any other details.

Rosneft declined comment.

Novatek, Russia's No.2 gas producer, is E.ON Russia's current largest gas supplier. Rosneft is already supplying E.ON Russia with gas under a 2013-2015 contract.

Rosneft, the world's top listed oil company by output, wants to double its gas production to 100 billion cubic meters of gas by 2020 and to become Russia's second-largest gas producer after Gazprom.

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue