* GDF Suez grid seen worth 750 million euros
* SRG has access to data room - CEO
* No plans for Terna merger, no Libya impact - CEO
* SRG shares up 0.5 percent, in line with sector
(Adds details, background, byline, shares)
By Giancarlo Navach
MILAN, April 13 (Reuters) - Italy's natural gas grid Snam Rete Gas is interested in the Italian gas network owned by France's GDF Suez, as it moves to expand its distribution business.
Snam Rete Gas (SRG) will look at data for the network, CEO Carlo Malacarne told reporters on the sidelines of a shareholder assembly on Wednesday.
The assets, known as G6 Rete Gas, have a regulated asset base of about 750 million euros ($1.09 billion).
"The point we need to understand is how the network is distributed. For us, it's important to consolidate our activity," Malacarne said.
G6 had about 1.2 million customers last year, with 4 billion cubic metres of gas sold.
GDF Suez had no immediate comment.
Financial sources said in February that GDF Suez was exploring the sale of its Italian gas distribution assets after completing its takeover of Britain's International Power Plc.
A source close to the issue said last month that GDF Suez would start due diligence for the network in early April with five or six potential buyers. GDF Suez Chief Executive Gerard Mestrallet has said no decision has been taken on a possible sale.
Asked about a possible merger between SRG and Italian power grid operator Terna, Malacarne said there were no plans for such a deal.
He told the shareholder assembly that the halt to Libyan gas imports because of fighting in the North African country had had no impact on accounts or operations.
Shares in SRG were up 0.5 percent at 4.058 euros at 1108 GMT, in line with the STOXX Europe 600 oil and gas index. Italian oil and gas group Eni owns more than half of SRG.
(Reporting by Giancarlo Navach; Writing by Ian Simpson; Editing by Erica Billingham)
($1=.6895 Euro)