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State Capitalism

Gazprom offers to buy all Libya’s gas

By Ed Crooks and Catherine Belton

Published: July 9 2008 22:54 | Last updated: July 9 2008 22:54

Gazprom, Russia’s state-­controlled gas company, said on Wednesday it was in talks to buy all of Libya’s oil and gas exports, in its latest effort to strengthen its influence over world energy markets.

Alexei Miller, Gazprom’s chief executive, made the offer in talks with Muammer Gaddafi, the Libyan leader, in Tripoli.

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