Gazprom and Edison Discuss Southern Route of Russian Natural Gas Supplies to Europe


A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Marc Benayoun, Executive Vice President of EDF and Chief Executive Officer of Edison, took place yesterday in Milan.

The meeting was focused on arranging the southern route of Russian gas supplies to Europe using the capacities of the ITGI Poseidon project within the framework of the Memorandum of Understanding and in the light of reviving the TurkStream project. The parties also discussed gas supplies to Edison.

Italy’s Edison SpA is part of EDF Group and is a leading operator in Italy’s energy sector. Edison is mainly focused on hydrocarbon exploration, production and marketing, as well as power generation and sales, including energy efficiency developments.

On February 24, 2016, Gazprom, Edison, and DEPA signed the Memorandum of Understanding on natural gas deliveries from Russia across the Black Sea and third countries to Greece and from Greece to Italy. The parties are committed to take advantage of the work done by Edison and DEPA within the ITGI Poseidon project.