After Gazprom snub Greece to sell gas company to Azerbaijan

Privatization Having failed to woo Gazprom, Greece is to sell a 66 percent share in DESFA, a fully owned subsidiary of state-run natural gas company DEPA, for EUR400 million to Azeri state-owned SOCAR. Greece will receive approximately EUR188m from the sale, which it will use to pay off its massive debts. "The privatization agency is very pleased, it's basically a done deal," ...

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