French GDF Suez company bought 9% share in Nabucco project

Baku.On May 28, 2013 Austrian energy company OMV announced
that French GDF Suez SA energy company bought about 9% share in the Nabucco
project from OMV. Therefore, GDF Suez replaced German RWE AG company in the
project, which sold its 17% share in Nabucco to Austrian OMV in mid-April 2013.

Then Austrian OMV energy concern announced
that it bought  17% share in the Nabucco
gas pipeline project, which will be used to transport gas to Europe, from
German RWE company. The packet of shares was transferred on March 1, 2013 and
price and other details of the deal were not disclosed.

The deal between GDF Suez and OMV is
expected to be closed in the middle of 2013. The companies have agreed not to
disclose the financial details of the deal and its additional details, reported
http://www.rbc.ru.

Nabucco Gas Pipeline International GmbH
company welcomed the announcement that French GDF Suez energy group has
concluded an agreement on joint purchase of the share in Nabucco project with
Austrian OMV company in Vienna.

Reinhard Mitcek, Executive Director of Nabucco
Gas Pipeline International GmbH, said that importance of Nabucco will be
significantly increased after the agreement signed on May 28, 2013.  He said joining of the project by GDF Suez
significantly strengthens the structure of the project's shareholders and opens
the way to the French market.

"The industrial expertise of GDF Suez
as an operator of the biggest gas transportation network in Europe and   its status as the second biggest natural gas
buyer in Europe gives a great advantage to the project. GDF Suez is already
active in the Nabucco member-states" Mitchek said.

* The Nabucco shareholders include OMV,
GDF Suez, Bulgarian group of companies BEH, Turkish Botas, Hungarian MOL and
Romanian group Transgas.