Gazprom and Edison review implementation of cooperation agreement

A working meeting between the chairman of Gazprom’s management committee Alexey Miller and the CEO of Edison and executive vice president of the EDF Group Marc Benayoun took place on May 25, 2018 at the St. Petersburg International Economic Forum.

 

The parties addressed the ongoing interaction in the energy sector, in particular the implementation of the two sides’ cooperation agreement and the status of the TurkStream and the Poseidon projects.

 

Edison is a part of the EDF Group. Its core businesses include the procurement, production, and sale of electricity, the provision of energy and environmental services, as well as exploration and production.

 

Gazprom, Edison, and DEPA inked their cooperation agreement on June 2, 2017. The agreement is aimed at establishing a southern route for Russian gas supplies from Russia to Europe, which would run across Turkey to Greece and further to Italy as part of the Poseidon project. The Poseidon project envisions the construction of a gas pipeline designed to connect the Greek and Italian gas transmission systems.

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