OREANDA-NEWS. June 11, 2008. Paris hosted a working meeting between Alexey Miller, Chairman of Gazprom Management Committee and Nicolas Sarkozy, President of France.

The parties addressed the issues surrounding Russian gas supply to France, potential deepening of cooperation between Russia and France in the oil and gas sector as well as the work progress as part of stage one of the Shtokman project.

The parties highly appreciated the progress with the bilateral interaction in the energy sector as well as noted that further close cooperation between Gazprom and French companies was a key factor for European energy supply security. The parties also emphasized that vertical integration as a business model in the energy sector was the most sustainable and secure.

In the course of the visit to France a meeting was also held with Jean Francois Cirelli, Chief Executive Officer of Gaz de France.

The meeting addressed the outlook for further bilateral cooperation.