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    Russia’s Gazprom Interested in Coal Mining Project in Greece

    © Sputnik / Mikhail Voskresenskiy
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    Russia’s energy giant Gazprom is interested in mining for coal in Greece together with its local joint venture, Russian Energy Minister Alexander Novak said Sunday.

    Gazprom office building
    © Sputnik / Mikhail Voskresenskiy
    THESSALONIKI (Sputnik) — Speaking at the Russian-Greek business forum in Thessaloniki, Novak said on Saturday that Russia’s main gas producer was negotiating a raft of energy projects in Greece through affiliated companies.

    "We are talking about a lignite deposit. Gazprom and the Greek company Prometheus Gas, a joint venture, are ready to implement a joint investment project on developing the lignite deposit," Novak told reporters.

    Prometheus Gas is a Russian-Greek joint venture based in Athens. Gazprom’s subsidiary Gazpromexport holds a 50-percent stake in the company, while Dimitrios Copelouzos of the Copelouzos Group holds the remaining 50 percent.

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    coal industry, Gazprom, Russia, Greece
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