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Saturday, June 22, 2013

Azerbaijan?s SOCAR to buy 66 percent stake in Greece?s DESFA

BAKU, June 21 (Itar-Tass) - The State Oil Company of Azerbaijan Republic (SOCAR) will acquire a 66 percent stake in Greece’s natural gas grid operator DESFA. The agreement in principle was reached with Hellenic Republic Asset Development Fund (HRADF), SOCAR said in its statement on Friday. "At present, advisory groups of SOCAR and HRADF are finalizing technicalities," the ...

READ THE ORIGINAL POST AT www.greekherald.com