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2015-06-04 18:10:00

RUSSIA ORIENTED WINTERSHALL

RUSSIA ORIENTED WINTERSHALL

BASF's subsidiary Wintershall will continue investing in its core regions, with Russia remaining the most important area for the company.

"Europe will only have energy security with Russia. These aren't geopolitical but geological facts, and that's why Russia will remain an important part of the energy provision for Western Europe" CEO Mario Mehren said on Tuesday.

Mehren took the helm of the company on Monday.

Germany's Wintershall is working with Gazprom in the joint Achimgaz project in Siberia.

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Tags: RUSSIA, EUROPE, WINTERSHALL, GAZPROM, GAS
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