Gazprom CEO Says Investments Are Part of Strategy, Spiegel Says

OAO Gazprom Chief Executive Officer Alexei Miller said the natural-gas exporter’s investments are part of its strategy and not financial investments, Der Spiegel reported, citing an interview with the CEO.

Gazprom wants its operations to stretch from exploration and extraction to the supply of end consumers and is seeking to reach that goal on different continents, the news magazine cited Miller as saying in an interview published in english on its website today.

When asked whether Dusseldorf, Germany-based E.ON AG’s Ruhrgas unit would fit the Russian company’s strategy, Miller said “no one has proposed anything to us,” according to Spiegel.

To contact the editor responsible for this story: Nicholas Comfort at ncomfort1@bloomberg.net

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