24 Sep 2009 18:03

Gazprom expects to finalize entry into Libya's Elephant project before end of 2009

SALEKHARD. Sept 24 (Interfax) - Gazprom expects to finalize its entry into Libya's Elephant project by the end of 2009, Gazprom Deputy CEO Alexander Medvedev told journalists on Thursday.

Gazprom Neft will represent Gazprom in the Elephant project, he said.

Italy's Eni owns the project. Gazprom could get a 33% stake in the project.

The Elephant field is located 800 kilometers south of Tripoli.