Gazprom in talks to buy 25% of OMV As a shareholder of OMV, - TopicsExpress

Gazprom in talks to buy 25% of OMV As a shareholder of OMV, Gazprom would get closer control over the construction and operations of the South Stream pipeline, said Mikhail Korchemkin, director of U.S.-based consultancy East European Gas Analysis. However, there may be a conflict of interests, because Gazprom would be buying gas from itself. Another analyst said: Strictly from the share-price point of view, I dont see much difference whether IPIC or Gazprom would hold the stake. But if Gazprom were to make an offer for the whole company, of course that would be a different story.

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