SOCAR to sell 17% DESFA shares to Italian Snam

SOCAR to sell 17% DESFA shares to Italian Snam

The State Oil Company of Azerbaijan Republic (SOCAR) will sell 17% of shares in DESFA to the Italian company Snam, the Azerbaijani Energy Minister Natig Aliyev said.

According to him, Greek side has promised that the issue of DESFA will be solved by the end of 2016. "The talks are currently being held. We will sell 17% to the Italian Snam and thus, the issue of DESFA will be resolved", the minister added.
 

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