GDF Suez SA Intends To Acquire 9% Stake In Nord Stream

French energy company GDF Suez SA has expressed a desire to acquire 9% stake in the project pipeline Nord Stream. The Nord Stream pipeline will link Russia and Germany, reports Reuters.

 Gerard Mestrallet, CEO of GDF Suez SA, confirmed the negotiation process between the parties adding that hey get no political obstacles to getting his company into the project from the Russian party.  

In April, Russia's Gazprom announced that GDF Suez began talks on joining the project of gas pipeline Nord Stream, which will run under the Baltic Sea from Russia to Germany. Controlling stake - 51 percent - in this project belongs to Gazprom, 20% to Wintershall Holding and E. ON Ruhrgas and 9% to the Dutch Nederlandse Gasunie. 

The deputy head of Gazprom, Alexander Medvedev said in June that GDF Suez may get stake in the project, equal to the share of Gasunie, E. ON and did not rule that would give 4.5 per cent in favor of the French company.