Friday October 24, 2014 Search
Weather | Athens
19o C
12o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Qatari oil firm acquires stake in local thermal plant

By Chryssa Liaggou

Qatar Petroleum International (QPI) on Wednesday paid GEK Terna $48 million for a 25 percent stake in Heron II, making the Qatari state company the third partner in the thermoelectric power plant in Viotia, central Greece. GEK Terna still holds 25 percent of Heron II while Gaz de France Suez holds the remaining 50 percent stake.

In a special event on Wednesday in Athens, GEK Terna and QPI confirmed their strategic partnership in the energy sector in the presence of Deputy Minister for Energy Asimakis Papageorgiou, who described the Qatari state firm’s entry into the local electrical energy sector as a vote of confidence in the recovery and prospects of the Greek economy.

QPI CEO Nasser Al-Jaidah said the completion of the agreement constitutes a “new landmark” for the strategic partnership with GEK Terna, “which will further support the consolidation of Qatar as an international supplier of energy. We believe that in Greece and in GEK Terna we have found a reliable partner.”

ekathimerini.com , Wednesday March 5, 2014 (23:20)  
ECB bank assessment to show 6-billion-euro capital gap, Citi says
ECB vies for third time lucky in European stress tests
Cyprus GDP upgrade seen as boosting bailout exit plans
Tax rate cut in catering sector has paid off
Finance Minister appeals for support for amendments ahead of vote
Finance Minister Gikas Hardouvelis on Friday called on MPs across the political spectrum to support a series of legislative amendments proposed by his ministry, including a recommendation to...
Credit line only open to Greece if it meets economic targets, sources say
Greece will only be able to access to a precautionary credit line, currently being discussed between Greek government officials and their eurozone counterparts, if the country finds itself l...
Inside News
SOCCER
Panathinaikos snatches point at Eindhoven
Panathinaikos offered its fans a glimpse of its glorious past in European competitions snatching a draw at PSV Eindhoven, on an otherwise bad night for Greek soccer in the Europa League, as ...
BASKETBALL
Greens succumb to first loss at Bayern
Panathinaikos’s unbeaten run in all competitions came an end on Thursday as the Greek champion lost 81-75 at Bayern Munich for the Euroleague. Bayern is a team that improves every year, and ...
Inside Sports
COMMENTARY
Tension for tension’s sake?
It is evident that Turkish President Recep Tayyip Erdogan feeds off tension. He would barely have achieved as much as he has – and prevailed – if he had not been so keen to confront a series...
EDITORIAL
Testing ground
The Regional Authority of Attica is a good testing ground for politicians who appear to thrive on accusations to prove whether they can actually solve major problems of a practical nature. T...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Finance Minister appeals for support for amendments ahead of vote
2. Credit line only open to Greece if it meets economic targets, sources say
3. ECB bank assessment to show 6-billion-euro capital gap, Citi says
4. Venizelos slams Turkey for ´flagrant violation of international law´ off Cyprus
5. ECB vies for third time lucky in European stress tests
6. Cyprus president to be released from hospital on Friday following readmission
more news
Today
This Week
1. Woman killed in tram accident in Floisvo, south of Athens
2. Clocks to go back 1 hour on Sunday
3. Cyprus GDP upgrade seen as boosting bailout exit plans
4. ECB vies for third time lucky in European stress tests
5. Cyprus president to be released from hospital on Friday following readmission
6. Venizelos slams Turkey for 'flagrant violation of international law' off Cyprus
Today
This Week
1. The past, present and future of the Greek debt crisis
2. Coalition shooting itself in the foot
3. Greece’s closed society is central to its current malaise
4. Greece must stick to reforms, says Schaeuble
5. At least 11 banks to fail European stress tests, three in Greece, report says
6. Cyprus to block Turkey's EU talks after EEZ violation
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.