About: DESFA

Energy 20-04-2018

Greece accepts Snam-led consortium’s offer for gas grid DESFA

Greece has accepted a €535 million offer from a consortium led by Italy's Snam for a majority stake in gas grid operator DESFA, naming it the "preferred investor", its privatisation agency said on Thursday (19 April).
Economy & Jobs 19-04-2018

Greece launches tender for Hellenic Petroleum privatisation

Greece launched an international tender on Wednesday (18 April) to sell a majority stake in its biggest oil refiner, Hellenic Petroleum, as agreed under its third international bailout.
Energy 19-12-2017

Greece to push back DESFA gas grid privatisation deadline

Greece’s privatisation agency (HRADF) will push back to February the deadline for the submission of binding offers for a 66% stake in natural gas grid operator DESFA, a source close to the process said on yesterday (18 December).
Energy 19-01-2017

Commission insists Greece must privatise 66% of DESFA gas grid

Europe's top energy official said today (19 January) that Greek authorities should privatise a majority stake in Greek gas grid operator DESFA, after a deal collapsed last year.
Energy 01-12-2016

Privatisation of Greek gas grid operator DESFA fails

Greece said yesterday (30 November) that talks to sell a 66% stake in gas grid operator DESFA to Azerbaijan's state-owned oil company, SOCAR, were not successful.
Energy 04-10-2016

SOCAR: The TAP project is at risk

There is a risk for the realisation of the Trans-Adriatic pipeline (TAP), which is part of the Southern gas corridor, due to delays in issuing permits by the local authorities in the Italian region of Puglia, Vitaly Baylarbayov, deputy Vice President of SOCAR told EURACTIV in an exclusive interview.
Energy 20-07-2016

Azerbaijan’s SOCAR warns Greece against foul play over DESFA deal

Greece will not withdraw a bill amending the regulation of natural gas tariffs, despite warnings by Azerbaijan's SOCAR that it could jeopardise SOCAR's purchase of the Greek national gas grid, a senior energy ministry official said today (20 July).
Energy 25-01-2016

Sefcovic: There is good potential for cooperation with Gazprom

European Commission Vice-President Maroš Šef?ovi? took advantage of the World Economic Forum to meet with the President of Azerbaijan, Ilham Aliyev, and discuss the Southern Gas Corridor.
Energy 05-10-2015

Future uncertain for TAP and DESFA, following European Parliament vote

Relations between Azerbaijan and the EU have reached deadlock, and Baku may lose interest in major energy projects, such as the TAP pipeline, and the Greek natural gas operator DESFA, diplomatic sources have informed EURACTIV.
The Lukoil refinery in Burgas, Bulgaria
Azerbaijan 31-08-2015

Bulgaria offers Azerbaijan ‘a package’ of energy projects

The Bulgarian government has proposed a package of energy cooperation projects to Azerbaijan. It remains unclear if the massive deal is part of a swap of property linked to a plan to divest 17% of Azerbaijan’s shares of Greek gas operator DEFSA to a third country.
Energy 11-05-2015

The energy conundrum in Bulgaria and Greece

Bulgaria and Greece are hard nuts to crack when it comes to implementing EU energy legislation and integrating with the wider European energy market. These two countries illustrate the difficulties of building an Energy Union.
Azerbaijan 11-03-2015

Aliyev: Azerbaijan concerned by Commission’s DESFA investigation

Azerbaijan, which has acquired Greek gas transmission system operator DESFA, is wondering why the European Commission is taking so long to decide if the deal is compatible with EU law, Minister of Energy of Azerbaijan Natig Aliyev told EURACTIV.
Energy 10-09-2013

Greece asks Gazprom to lower its prices

Greek natural gas distributor DEPA has asked Russia's Gazprom to lower supply prices by about a fifth, to align them with those paid by natural gas users in western Europe, Greek energy industry sources said.
Energy 27-06-2013

EU-backed Nabucco project ‘over’ after rival pipeline wins Azeri gas bid

Nabucco West, the Austrian-led consortium that was bidding to build a pipeline to bring Azeri gas to Europe, has not been selected by the gas field's operators, the company announced yesterday (26 June). The choice of the Shah Deniz consortium is for the rival Trans-Adriatic Pipeline (TAP).
Energy 22-05-2013

Gazprom moves closer to buying Greek gas firm

Gazprom is squeezing Athens for better terms to buy DEPA, Greece's sole retail gas distributor, a Greek official said, as the Russian gas export monopoly leverages its position as the only major player in the running.