Italy’s Snam could take stake in Greece’s DESFA
Italian gas grid operator Snam is interested in buying a 17 percent stake in Greek gas grid operator DESFA from Socar, the Azeri state energy firm’s president said on Tuesday, in a deal that may calm European Commission concerns.
“Italian company Snam approached us about buying shares in DESFA,” Socar’s Rovnag Abdullayev told reporters.
“This company is interested in buying a 17 percent stake in DESFA.”
Socar sees such a deal as possible by the end of the year.
[Reuters]
