DESFA
Crime
Ragnar Locker Launches Cyber Attack on Greece’s Gas Operator
A group of cyber extortionists called Ragnar Locker claimed responsibility for the recent cyber-attack against the National Gas System Operator (DESFA) in Greece.
On Saturday, DESFA announced that it had suffered a cyber-attack on part of its IT infrastructure, which...
Business
Greece's Gas Grid Operator Sold to Snam-Led Consortium
A consortium led by Italy's Snam will take a majority stake in Greek gas grid operator DESFA under a 535 million euro ($623 million) deal signed on Friday, the country's HRADF privatization agency said.
A consortium of Snam, Spain's Enagas...
Business
Greece Sells Gas Grid DESFA to Snam-Led Consortium
Greece's privatizations board has accepted an improved financial offer from the consortium of Snam SpA, Enagas Internacional SLU and Fluxys SA, of €535 million ($659 million) for the acquisition of a 66-percent stake in Hellenic Gas Transmission System Operator...
Business
DESFA Privatisation Deadline Extended to February 2018
Greece’s privatisation agency (HRADF) decided to push back the deadline for offers connected with the Hellenic Gas Transmission System Operator (DESFA), a 66% stake of which is about to be privately owned.
Binding offers were expected to be submitted by...
Economy
Final Bids for Greek Gas Grid Sale Expected by Year's End
The Greek government wants to get binding offers from investors shortlisted for a 66% stake in state-controlled natural gas grid DESFA by the end of the year, two sources close to the process said on Wednesday.
Under the terms of...
Business
Foreign Companies Express Interest in Greek Gas Grid
Six companies express interest for the 66 percent stake in Greece's natural gas grid operator DESFA, the country's privatisation agency said on Monday.
The interested investors are: Macquarie Infrastructure and Real Assets; a consortium of Italy's Snam, Belgium's Fluxys, Dutch-based...
Economy
Greece Cancels DESFA Stake Sale to Azerbaijan's Socar
The Greek government on Wednesday cancelled the sale of a 66 percent stake of the Hellenic Gas Transmission System Operator (DESFA) to Azerbaijan's Socar.
The energy ministry announced that the Azeri company's proposal to reduce the price of the sale...
Economy
Parliament's Draft Budget Postpones Privatization Revenues Until 2017
Parliament tabled a draft budget for the major privatization projects on Monday, reasoning that the state will not be able to see substantial revenues into coffers until 2017 when they are completed.
Privatization revenues from projects such as the regional...
Economy
Energy Minister Skourletis Against Selling of 17pct of PPC
Greek Energy Minister Panos Skourletis stated clearly that he is against the selling of 17 percent of the PPC (Public Power Corporation) adding that this is also the government's position, in an interview with Real News Sunday newspaper.
Referring to the amendment...
Economy
DESFA Sale Puts Strain in Greece-Azerbaijan Business Relations
The apparent failure of the agreement between Azerbaijan’s State Oil Company (SOCAR) to buy 66% of Greece's natural gas distribution network (DESFA) is putting a strain between Athens and the Azeri government.
According to a real.gr report, Azeri authorities are dissatisfied...