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Russia’s Gazprom Interested in Coal Mining Project in Greece

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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.

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.

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“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.
source: m.sputniknews.com

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