Russia's Gazprom Swaps Stakes with BASF, Flexes Muscles in Europe
Posted on November 16, 2012 at 01:37 AM EST
ISTANBUL--November 16, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Russian natural gas monopoly OAO Gazprom (Moscow, Russia) and German chemicals firm BASF (Ludwigshafen, Germany) signed a swap agreement for BASF's 50% stake in its gas trading and storage business subsidiary Wintershall.