OAO Gazprom, the world’s biggest natural-gas producer, is seeking payment from EON SE and BASF SE after boosting reserves at a joint project in Siberia, according to two people with direct knowledge of the matter.
Nord Stream AG expects to start formal talks with banks “shortly” on borrowing 2.5 billion euros ($3.2 billion) for the expansion of a gas pipeline under the Baltic Sea to Germany, after delays this year.
OAO Gazprom, the world’s biggest natural-gas producer, is reviving plans to build a power plant in Germany to boost sales to its biggest export market via the Nord Stream pipeline and develop European generation.
Nord Stream AG, the OAO Gazprom -led venture building a natural-gas pipeline from Russia to Germany, may seek to raise funds from Asian banks and export credit agencies after selecting Sumitomo Corp. to help supply pipes.
OAO Gazprom, the Russian gas-export monopoly seeking to expand European distribution, said the U.K. and BP Plc are interested in bringing the Moscow-based company’s Nord Stream pipeline to the island nation.