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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...

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...

Stathakis: Gov’t Wants to Close All Pending Issues at Next Eurogroup; Plan for New...

The government aims to close all pending issues in Greece’s second program review at the next Eurogroup, Energy Minister Giorgos Stathakis said in an...

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...

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...

SOCAR Acquires Slice of Greek DESFA

Socar (the state oil company of Azerbaijan) has acquired a 66% share in the Greek natural gas transmission network operator (DESFA). This agreement is significant...

SOCAR Ups Bid For DESFA

With Greece's privatization program staggered by the failure to get even a single offer for the natural gas company DEPA, the lone bidder for...

Russia’s Sintez Not To Bid For Greece’s DEPA, May Bid For DESFA

Russia's Sintez Group will not bid for Greek gas company DEPA, but may bid for its gas-network operator, DESFA, Sintez said Monday. Sintez was one...

Gazprom Among Nonbinding Bidders for Greece΄s DEPA/Desfa

Greece΄s privatization agency said Tuesday that five companies or consortiums have made nonbinding offers for Greek state-owned natural gas company DEPA/Desfa, which is being...

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)...

EU: Greece Needs to Close Pending Prerequisites before Disbursement of Loan Tranche

Greece needs to complete three important prerequisites before the EU disburses the next loan tranche of €5.7 billion euros, a European official said, according...

Atlantic Council Report: Russia Uses Greece as a Trojan Horse

Greece is one of Russia's 'Trojan Horses' to enter and influence Europe and its policies, says a new report from the Atlantic Council’s Eurasia...

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