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    Reuters: Six consortiums could compete for E.ON's grid-sources

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Summary

E.ON's gas distribution network is deemed of high strategic importance for countries such as France, Belgium and Italy seeking to secure gas supply from Russia as the Nord Stream pipeline under development would directly connect Russia to Germany.

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Press Notes

Reuters: Six consortiums could compete for E.ON's grid-sources

Six groups are expected to submit bids for German group E.ON's gas distribution network by Friday, sources close to the process said, setting off a fierce battle for the 3 billion euros ($3.8 billion) grid.

The network is deemed of high strategic importance for countries such as France, Belgium and Italy seeking to secure gas supply from Russia as the Nord Stream pipeline under development would directly connect Russia to Germany.  MORE