Monday April 21, 2014 Search
Weather | Athens
17o C
11o 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)  
Eurobank share offering on April 25-29
PPC to issue corporate bond of 500 mln
Primary surplus continued by end-March
Eurobank eyes top Core Tier 1 level in Greece
Greek Christians mark rare Good Friday in north Cyprus
Hundreds of Greek Orthodox pilgrims, some coming home after 40 years of forced exile, commemorated the crucifixion of Jesus in a rare Good Friday service in northern Cyprus. Held in this med...
Greece offers to help find Turkish F-16 lost in 1996
Greece officially offered on Thursday to assist Turkey in its efforts to locate and salvage a Turkish Air Force fighter jet which crashed in the Aegean almost 20 years ago. Greek Defense Min...
Inside News
BASKETBALL
Greens lose badly as CSKA Moscow
Panathinaikos has a mountain to climb in order to reach the Final Four of the Euroleague after losing at CSKA Moscow on Friday for a second time in two days, only this time it was comprehens...
BASKETBALL
Former Red Bourousis wrecks Olympiakos´s hopes for a break
Olympiakos tried harder in Game 2 of the Euroleague play-offs in Spain, and Real Madrid was not as good on Thursday as in Game 1, but the Spaniards still emerged victorious on the night with...
Inside Sports
COMMENTARY
The placebo effect and the economy
Among the greatest mistakes made in the years of Greece’s hard landing is that citizens did not get the chance to sense that aside from austerity and pain the economic adjustment program als...
COMMENTARY
Ukraine is a crisis—but not a Cold War
Given Russia’s annexation of Crimea, the imposition of US and European sanctions, and the potential for more escalation in Ukraine, we are witnessing the most important geopolitical events s...
Inside Comment
SPONSORED LINK: FinanzNachrichten.de
SPONSORED LINK: BestPrice.gr
 RECENT NEWS
1. Greek Christians mark rare Good Friday in north Cyprus
2. Eurobank share offering on April 25-29
3. Greens lose badly as CSKA Moscow
4. Former Red Bourousis wrecks Olympiakos´s hopes for a break
5. PPC to issue corporate bond of 500 mln
6. Greece offers to help find Turkish F-16 lost in 1996
more news
Today
This Week
Today
This Week
1. Greece's market return mirrors return of tourists
2. Parties start announcing candidates for European Parliament elections
3. Greece startup leaders say they can’t break jobless cycle alone
4. Ground-breaking Good Friday mass signals thaw in Cyprus
5. IMF's Thomsen says Greece not fully financed to 2016
6. Mayoral candidates clash over Athens mosque plans
   Find us ...
  ... on
Twitter
     ... on Facebook   
About us  |  Subscriptions  |  Advertising  |  Contact us  |  Athens Plus  |  RSS  |   
Copyright © 2014, H KAΘHMEPINH All Rights Reserved.