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DEPA

Greece Launches Sale of Gas Distribution Network

Greece has launched the sale of gas distribution network DEPA Infrastructure, with the state and Hellenic Petroleum both selling their stakes in the jointly-owned operation, the country’s privatization agency said on Monday. The announcement was made during the 21st Annual...

Greece's DEPA to Begin Selling Natural Gas to Bulgaria

Greek energy provider DEPA on Tuesday became the first Western company to strike a deal with Bulgaria’s state-owned Bulgargaz to provide natural gas to the country. This is the first time Bulgaria has ever bought gas from another provider outside its long-term...

Greece to Sell Majority Stake in Gas Company

On Monday Greece's privatization agency (HRADF) announced that the country has come to an agreement with its foreign creditors on how to proceed with the privatization plan of the gas company DEPA by launching a tender in November to...

Gazprom, Edison, DEPA Sign Memorandum for ITGI Project‏

Gazprom, Edison and DEPA on Wednesday signed a memorandum of understanding in Rome for the development of a natural gas pipeline project linking Greece and Italy, which will bring closer to completion a south corridor for the supply of...

EU Includes Greek Energy Projects on List of 'Common Interest'

The European Commission announced on Wednesday a list of key energy infrastructure projects (Projects of Common Interest, PCI) in Greece and around the EU whose completion is considered important for the development of the bloc’s energy market and the...

Greek Energy Minister Announces Lower Natural Gas Rates

Greek Productive Reconstruction, Environment & Energy Minister Panagiotis Lafazanis on Monday addressed the Parliamentary Standing Committee on Production and Trade and referring to the raise of the special duty for the reduction of gas emissions (ETMEAR) blamed the Regulatory...

Greek Deputy Energy Minister: Natural Gas Prices to Fall by 20% in Q1 2015

Natural gas prices for industrial and household users are expected to fall by 20% in the first quarter of 2015 as a result of falling international oil prices, Greek Deputy Environment, Energy and Climate Change Minister Makis Papageorgiou said...

Greece Set to Negotiate with Algeria on LNG

Algeria has supplied Greece with liquefied natural gas under a long-term agreement between the two countries, which gave Algerians a stable percentage in Greek markets, with LNG sales at around 0.75 bcm per annum. However, the Greek state gas...

DEPA: Studying Gas Pipeline Feasibility in SE Mediterranean

The Greek Environment Ministry announced today that DEPA would be launching a study to check if it is feasible to build a pipeline that will transport natural gas from deposits in the Eastern Mediterranean (Cyprus and Israel) through Crete...

Samaras Asks Putin For Cheap Gas

Greek Prime Minister Antonis Samaras, in a sideline meeting in Brussels, asked Russian President Vladimir Putin to lower the prices that Greece pays for Russian gas, but didn't get a commitment. The two men met in Brussels after Samaras addressed...