The deal can only go ahead once E.ON has concluded its own investment in the Hungarian oil and gas major MOL’s natural gas business, set to go through on March 31.
The report also suggested that parts of E.ON’s Czech, Polish and Slovenian businesses could also be offered to Gazprom as part of the deal at a later stage. The Hungarian assets include the aforementioned stake in MOL plus a share of its wholly-owned E.ON Hungaria arm. E.ON will gain a 24.5% share of the E&P rights in the gas field.
