DESFA

 TAP buys DESFA’s share

TAP buys DESFA’s share

The fact that the consortium for construction of the Trans Adriatic Pipeline (TAP) won the tender of Greece's gas grid operator DESFA will strengthen the positions of TAP and the Southern Gas Corridor projects a route for the supply of …

Vertical Gas Corridor project for Azerbaijani gas agreed

Vertical Gas Corridor project for Azerbaijani gas agreed

Greek, Bulgarian, Romanian and Hungarian gas transmission companies DESFA, Bulgartransgaz, Transgaz and FGSZ and ICGB AD consortium, the contractor for the Greece-Bulgarian Interconnector (IGB) pipeline project, signed a memorandum of …

Greece’s HRADF about sale of DESFA

Greece’s HRADF about sale of DESFA

Hellenic Republic Asset Development Fund (HRADF) expects the sale of Greece’s natural-gas grid operator DESFA to continue unhindered, the HRADF chairman Stergios Pitsiorlas said. He said HRADF expects that …

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 …

SOCAR’s stake in DESFA may reduce to 41%

SOCAR’s stake in DESFA may reduce to 41%

SOCAR will be able to keep for itself no more than 41% of the shares after all potential buyers (Fluxys, ENAGAS, Snam) for a 17% stake, set for sale by SOCAR under the European Commission’s pressure, declined from the deal, APA reports. …

SOCAR ready to cede 16% of DESFA

SOCAR ready to cede 16% of DESFA

The President of the State Oil Company of Azerbaijan, Rovnag Abdullayev, expressed the readiness to discuss the possible sale of 16% share in Greek DESFA gas transmission system operator. He said that while no agreement has …

SOCAR resuming DESFA talks

SOCAR resuming DESFA talks

Next week, the Greek government will resume talks with Azerbaijan’s state oil company SOCAR on the sale of a controlling interest in Greece’s gas transmission system operator DESFA, the productive ...