While continuing exclusive joint venture talks with Germany’s RWE, Gazprom is independently aiming to buy and build plants in Europe and Asia.

Gazprom is interested in power assets in Bulgaria, Great Britain, Germany and the Benelux countries, Denis Fyodorov, the chief executive of Gazprom’s power unit GazpromEnergoHolding, has told reporters.

“We plan to present three or four projects (in Europe) to the board (of Gazprom) by the end of the year. We have a short list (of European assets) which contains about ten projects,” Fyodorov told Reuters.

The Russian gas giant is interested both in buying existing plants and building new power stations, he said.

Gazprom is also interested in entering electricity generation in Japan, South Korea and China, primarily through constructing gas fired power stations.

“In Asia we are primarily interested in gas power generation. If we supply gas to China, it will be interesting for us to construct a whole chain to the consumer,” said Fyodorov, according to Reuters.

“We are also interested in Turkey. We even wanted to apply for participation in the first stage of liberalisation … Now these plans have been suspended; we are looking to see how the first stage goes.”

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