27 Apr 2010 09:35

Gazprom, Eni to give 10% stake in South Stream to EDF each

KYIV. April 27 (Interfax) - Russia's Gazprom and Italy's Eni will give to EDF 10% stake each in the South Stream gas pipeline project, Russian Prime Minister Vladimir Putin said.

"This is a proportional deal: both Italy and we," Putin said, when asked about what country will sell shares to the new partner.

It was reported earlier that EDF may get no less than a 10% stake in the South Stream project. Putin announced on Monday that the French company will get a 20% stake.