Signing agreement with Greek DESFA postponed for technical reasons, says SOCAR president
The deal to buy 66% shares of Greek DESFA gas distribution state company by State Oil Company of Azerbaijan (SOCAR) has failed for technical reasons, SOCAR President Rovnag Abdullayev said in his interview to Azerbaijani ANS TV channel.
He refuted information distributed by some Greek and Russian media that the deal has failed, because Russian Gasprom company has offered a new proposal to buy DEPA instead of DESFA.
“I would like to state officially that there was a technical faultiness in the plane of Greek Premier,” Abdullayev said and explained that this is the reason of failure of the Greek side to arrive in Baku for the signing ceremony. He added that there are no obstacles for concluding the deal.
“I see no problems with DESFA privatization. I have not seen Greece’s desire to create any problems. They need the deal, more than we do,” said SOCAR President.
It was planned to sign the agreement with the Greek Hellenic Republic Asset Development Fund (HRADF) to buy DESFA shares by SOCAR on December 17, 2013.—0—
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