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Greece and Azerbaijan to resume talks on DESFA
Next week the Greek government wll resume talks with State Oil Company of Azerbaijan (SOCAR) to sell a bloc of shares of DESFA, operator of the gas transportation system, Greek Ekathimerini quoted Greek Minister of Industrial Reform, Protection of Envrionment and Energy as saying.
He said the main subject of discussion will be share of DESFA, which will be sold to SOCAR.
In early May Bloomberg said that the Greek government considers the possibility of sale of 49% share of DESFA to SOCAR.
In summer 2013 SOCAR won the tender to sell 66% share of DESFA for 400 million Euro.
At present the deal is being considered by the Directorate of the European Competition Commission. The procedure will last till the end of the year.
In November 2014 European Comission started investigation of correspondence of the deal of purchasing of the share in DESFA to the EU regulations.—0—
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