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German, Russian energy giants decline to comment on sale of Gazprom stakes

© RIA Novosti . Mikhail Fomitchev / Go to the mediabankGazprom's office
Gazprom's office - Sputnik International
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Russia's gas monopoly Gazprom and Germany's energy group E.On Ruhrgas declined on Monday to comment on Russian media reports about a possible sale of E.On's 3.5% stake in the Russian energy giant

Russia's gas monopoly Gazprom and Germany's energy group E.On Ruhrgas declined on Monday to comment on Russian media reports about a possible sale of E.On's 3.5% stake in the Russian energy giant.

"We would not like to comment on that. We do not comment on market rumors," a E.On official told RIA Novosti.

The Gazprom press office also said it would not comment on the media reports.

Russian business daily Vedomosti said citing a source close to the board of directors of Gazprombank, the financial arm of the Russian gas giant, that the German side had discussed various options including selling the stock.

According to Vedomosti, Gazprombank recommended Gazprom issue derivatives linked to part of the shares or find a direct investor.

BERLIN/MOSCOW, June 28 (RIA Novosti)

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