GDF May Take More Gas

Oct. 22, 2009

PARIS — GDF Suez said it was discussing with Gazprom a 10 percent to 20 percent increase in its Russian gas supply as part of a wider agreement that would see the French utility join the Nord Stream gas pipeline.

“We are talking about relatively small volumes, between 1 and 2 bcm [per year], but not necessarily starting now, [but rather] for the long term,” said Jean-Marie Dauger, who overseas gas and liquefied natural gas business at GDF Suez.

(Reuters)

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