Financial Times FT.com

Gazprom's $2.5bn gas deal with Nigeria raises European concerns

By Matthew Green in Lagos

Published: June 26 2009 03:00 | Last updated: June 26 2009 03:00

Gazprom, the Russian gas group, has signed a deal to invest at least $2.5bn in a joint venture with Nigeria's state-owned oil company to explore and develop the country's vast gas reserves.

Dmitry Medvedev, Russia's president, said during a visit to Abuja, Nigeria's capital, he hoped the nations would become "major energy partners".

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