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Today's paper. Last Updated: 02/08/2012

Gazprom Eyes U.S. Exploration

Bloomberg
Gazprom said it might explore offshore Alaska with ConocoPhillips as the gas exporter seeks to expand its global reach.

CEO Alexei Miller and his counterpart from ConocoPhillips, Jim Mulva, held talks Monday in Moscow, Gazprom said in a statement.

Gazprom, which supplies one-quarter of Europe's gas, is seeking access to new markets in North America, and a delegation visited Alaska last month. Miller and Mulva on Monday discussed joint projects on international markets, focusing on liquefied natural gas supplies, the statement said.

"The experience of Gazprom could be beneficial in developing gas projects in the U.S.," Miller said in the statement.

Miller said in June that Gazprom had approached ConocoPhillips and BP on joining their Denali pipeline project, aimed at delivering Alaskan gas to the continental United States. Gazprom sent eight executives, including Miller, to Anchorage in October, where they met with ConocoPhillips representatives.


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