DESFA sale to So­car is at risk of fall­ing through

Kathimerini English - - Front Page -

of gas grid op­er­a­tor DESFA has reached a crit­i­cal point. The Greek side is in­sist­ing on an amend­ment that will change the net­work use rate, which would af­fect the com­pany’s fu­ture rev­enues. Az­eri state com­pany So­car, which has been cho­sen as the buyer, op­poses the idea and, as a re­sult, the sale of the DESFA’s 66 per­cent stake to So­car is at risk of fall­ing through, ac­cord­ing to well-in­formed sources. Sources have in­di­cated to Kathimerini that the amend­ment has the ap­proval of the prime min­is­ter and is aimed at scup­per­ing the agree­ment signed two years ago with So­car.

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