MOSCOW: OAO Gazprom, the worlds biggest natural-gas exporter, agreed to buy the 50 per cent it doesnt own in South Stream Transport BV from Italys Eni SpA (ENI), Electricite de France SA and the Wintershall unit of Germanys BASF SE. No purchase price was disclosed in statements issued by EDF, BASF, Eni and Gazprom. Eni, owner of a 20 per cent stake, and BASF and EDF, which each own 15 per cent stakes, said theyre recovering their investments in the proposed US$45 billion Black Sea pipeline that Russia scrap-ped this month. Bloomberg
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