Gazprom Says Assets Swap With E.ON Difficult

Gazprom said its asset swap talks with E.ON were progressing with difficulty because energy prices have soared since discussions began a few years ago.

"The composition of assets will be changed because of the rise in oil prices. Oil was at $40 per barrel when we started talks," Gazprom Deputy Chief Executive Alexander Medvedev told a news conference.

Source: Reuters

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