Energy Minister: Greece To Launch New Tender For Gas Grid Sale In June
ATHENS, June 6 (Reuters) - Greece will launch a new tender competition for the privatisation of its natural gas grid operator DEFSA in June, Energy Minister George Stathakis said on Tuesday.
Stathakis announced the tender in an interview with Greek news website liberal.gr without disclosing details.
The privatisation of DESFA is part of a drive by Greece to sell state assets, which is a significant condition of the country's bailout by the European Union and IMF.
Greece and its biggest oil refiner Hellenic Petroleum had previously agreed to sell 66 percent of DESFA to Azerbaijan's SOCAR for 400 million euros but that deal collapsed in November after Athens raised DESFA's tariffs by less than SOCAR had expected and SOCAR demanded a lower price.
(Reporting by Karolina Tagaris; Editing by Greg Mahlich)
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Weatherford CEO's Rebound Plan Relies On Getting Smaller
- Iran Says Oil Market Is Too Tight For US Zero Exports Target
- China's Squeezed 'Teapots' Eye Petchem Path To Riches
- Baker Hughes: US Drillers Add Oil Rigs For Second Week In Three
- Venezuela Hands China More Oil Presence, But No Mention Of New Funds