Russia’s gas utility Gazprom is interested in gas production, processing, piping and sales projects in Northern Africa, a geographical region located in close proximity to the European market, Prime-Tass said on Monday citing Gazprom’s deputy chairman and head of Gazprom Export Alexander Medvedev.
Developing business in North Africa, like in Middle East, is one of Gazprom’s top priorities outside Russia, and the company’s participation in the Trans-Sahara gas pipeline construction project is in line with this strategy, Medvedev said in an interview with the Gazprom magazine.
According to Medvedev, Gazprom pays major attention to diversification of gas exports and with this in mind, it looks into a possibility of gas supplies to the Israeli market. “I believe this cooperation might be realized if the Israeli side confirms its interest in purchasing Russian gas and when the required economic efficiency parameters are reached,” he said.