ECONOMY

Fourteen firms advance in DEPA-DESFA gas sale

Greece chose 14 investors, including the state oil company of Azerbaijan and OAO Gazprom, for the next phase of the sale of its natural gas company and grid operator.

The list of 14 includes Azerbaijan?s Socar, Gazprom and OJSC Negusneft from Russia, according to an e-mailed statement from the Athens-based Hellenic Republic Asset Development Fund on Wednesday.

Companies on the list include Spain?s Enagas SA and Gas Natural SDG SA, Italy?s ENI SpA and Edison SpA, Algeria?s Sonatrach, and Israel Corporation Ltd.

Greece is seeking to sell state-controlled natural gas supplier DEPA SA and its fully-owned DESFA SA gas grid operator unit as one group or separately.

[Bloomberg]

Subscribe to our Newsletters

Enter your information below to receive our weekly newsletters with the latest insights, opinion pieces and current events straight to your inbox.

By signing up you are agreeing to our Terms of Service and Privacy Policy.