Thursday April 24, 2014 Search
Weather | Athens
21o C
15o C
News
Business
Comment
Life
Sports
Community
Survival Guide
Greek Edition
Gazprom hosts gas price talks with DEPA as PM to meet Putin

By Chryssa Liaggou and Giorgos Terzis

Russian energy giant Gazprom met with delegates of Greece’s Public Gas Corporation (DEPA) for a new round of talks on Monday aimed at preventing the latter from resorting to arbitration over the price the Russian company sells its gas to Greece. The invitation comes as Greek Prime Minister Antonis Samaras is due to meet Russian President Vladimir Putin on Tuesday.

The management of the Greek utility got the green light from the government and traveled to St Petersburg for negotiations after an unexpected invitation by Gazprom, instead of continuing negotiations through an exchange of letters.

Until late last night there was no news concerning the progress of talks, but Greek energy market sources interpret the move by the Russians as indicative of their intention to back down further on the issue of price.

The latest Gazprom offer for $405 per 1,000 cubic meters was rejected by the Greek side, while DEPA was ordered by Athens to reject any price of $400/1,000c.m. or over and to demand that the rate be applied retroactively for one year, double what the Russians are proposing.

The issue of the gas rates will be central in the meeting between Samaras and Putin in Brussels at 5 p.m. – their first meeting in two years – in the context of the “Industry Matters” conference in the Belgian capital.

Samaras has already requested that Putin push for a reduction of the price Gazprom charges DEPA for gas, as a discount on the rate – which is higher that what other European countries have to pay – would entail a major benefit for households and enterprises in Greece.

Athens also maintains high expectations from its relations with Moscow and wishes for Gazprom to be present in the tender for the privatization of DEPA.

ekathimerini.com , Monday Jan 27, 2014 (22:17)  
Benchmark up thanks to late blue chip rally
PPC to sell 500 mln euros of 3- and 5-year bonds
Greece´s NBG launches 5-year bond to raise up to 750 mln euros
Samaras meeting with Dimon key to Greek return to bond markets
Balkan train links to resume on May 10, with discounts
Trainose, the operating arm of the Hellenic Railways Organization (OSE), is to resume services linking northern Greece to the country’s Balkan neighbors after a three-year hiatus in a bid to...
Greek judges decided to extend GD leader’s detention
Nikos Michaloliakos, leader of the neofascist Golden Dawn party who has been in custody pending trial for setting up a criminal organization since late September, is to remain in Korydallos ...
Inside News
SOCCER
4,000 officers to police Greek Cup final
Police says it will ban mass gatherings in central Athens amid heavy security measures planned for Saturday's Greek Cup final between Panathinaikos and PAOK at the Olympic Stadium. More than...
BASKETBALL
Never underestimate the Greek hoopsters
Olympiakos and Panathinaikos, who between them have won the last three European crowns, won again at home on Wednesday to take their Euroleague play-off series with Real Madrid and CSKA Mosc...
Inside Sports
COMMENTARY
Putting the party above the country
The case of Sabiha Suleiman, the Roma activist whose candidacy for the European Parliament was announced by SYRIZA only to be withdrawn shortly afterward, is an illustration of the leftist o...
EDITORIAL
Strong card in debt talks
Achieving a primary surplus and having it confirmed by the European statistical agency, Eurostat, is a significant success for Greece. There is no doubt that it came at a heavy price for a l...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Balkan train links to resume on May 10, with discounts
2. Greek judges decided to extend GD leader’s detention
3. Greek doctors asked for clarifications over costly prescriptions
4. Police defend neo-Nazi MP´s presence at Easter service for mostly force members
5. Benchmark up thanks to late blue chip rally
6. 4,000 officers to police Greek Cup final
more news
Today
This Week
1. Putting the party above the country
2. Three missing from cargo ship that went down off Crete
3. Strong card in debt talks
4. Central Athens cleanup a sign of Greece's turnaround
5. Samaras meeting with Dimon key to Greek return to bond markets
6. Police on high alert for Greek Cup final in Athens on Saturday
Today
This Week
1. Greece startup leaders say they can’t break jobless cycle alone
2. Ground-breaking Good Friday mass signals thaw in Cyprus
3. Mayoral candidates clash over Athens mosque plans
4. Government looks to kick on
5. Greece offers to help find Turkish F-16 lost in 1996
6. Putting the party above the country
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.