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. Last Updated: 07/27/2016

EDF to Enter South Stream Project

MILAN, Italy — Prime Minister Vladimir Putin and French president Nicolas Sarkozy were to sign on Thursday a memorandum of understanding for the entry of France’s EDF into the South Stream gas pipeline project, Eni CEO Paolo Scaroni said.

Italian oil and gas group Eni and Gazprom are currently joint partners in South Stream.

“Putin is meeting Sarkozy today and the signing of a MoU is envisaged, paving the way for the entry of EDF into the South Stream project,” Scaroni said, speaking to journalists.

(Reuters)