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BASF subsidiary Wintershall intends to promote with Gazprom on gas Jamal

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KASSEL (Dow Jones) – Wintershall AG, Germany biggest supporter of oil and gas, has joined forces with Gazprom on the Siberian Yamal peninsula promote gas. Discussions JURISDICTION, however, it still "very early Stage, "said the chairman of the Kassel BASF subsidiary, Rainer Soul, on Thursday at the annual press conference.
The reserves on Yamal undoubtedly carry great potential to supply Europe, "said Seele. Until the exploitation of the occurrence, but there would probably, given the lack of infrastructure take much time, "he added. The focus of Wintershall current is mainly due to the already existing Community projects, so soul.
The company has an economic stake in the 35% Gazprom’s Yuzhno Russkoye in Western Siberia. Both also operate Achimgaz jointly present the project, also in western Siberia.

   

Website: www.wintershall.com

- By Jan Hromadko, Dow Jones Newswires;
+49 69 29 725 104; unternehmen.de @ dowjones.com

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(END) Dow Jones Newswires

March 18, 2010 06:36 ET (10:36 GMT)

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