Value of S-300 contract with Iran reaches almost $1 blnMilitary & Defense February 20, 14:08
Lavrov blasts claims of Russia’s 'involvement' in Montenegro coup attempt as groundlessRussian Politics & Diplomacy February 20, 13:55
Kremlin: Putin’s decree on recognition of LPR and DPR passports signed on humanity groundsRussian Politics & Diplomacy February 20, 13:42
Rosneft starts drilling first exploration well in IraqBusiness & Economy February 20, 13:38
Kremlin calls Ukrainian MP’s proposal for Russia to take Crimea on lease 'absurd'Russian Politics & Diplomacy February 20, 13:34
Lavrov: US confirms Russian ambassador routinely wiretappedRussian Politics & Diplomacy February 20, 13:15
Lavrov calls on UN to invite Moscow group of Syria’s opposition to GenevaRussian Politics & Diplomacy February 20, 13:11
Lavrov states Russia cannot take Crimea on lease from itselfRussian Politics & Diplomacy February 20, 13:04
Press review: No breakthrough at Security Conference and no-fly list for troublemakersPress Review February 20, 13:00
ST PETERSBURG, June 21 (Itar-Tass) - Russia’s gas giant Gazprom has signed a memorandum with Italy’s Enel to buy its Marcinelle power plant in Belgium.
The document was signed on the sidelines of the St. Petersburg International Economic Forum on Friday.
The power plant’s capacity is around 400 MW.
According to the information available to Itar-Tass, a 200 million euro deal will allow Gazprom to ensure additional gas demand and additional margin.
The deal will be sealed in compliance with Enel’s programme for spending reduction in Europe.
Recently gas-powered plants became less attractive in Europe over cheap coal supplies from the U.S. to the European market.
The Marcinelle power plant was launched in 2012.
Gazprom CEO Alexei Miller demonstrated his interest in this asset a year ago.