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Tuesday, June 11, 2013

Russia?s Gazprom Pulls Out of Greek Gas Deal

Gazprom had been the most prominent of five possible contenders for Depa and Greece had pinned hopes on a Gazprom bid to revive interest in the sale.





Greece’s troubled privatisation programme suffered a massive blow on Monday after Russian energy giant Gazprom withdrew its interest in the country’s gas monopoly Depa, citing concerns about the company’s viability, while the country’s gas grid operator Desfa received only a single bid.






<p>Greece&rsquo;s troubled privatisation programme suffered a massive blow on Monday after Russian energy giant Gazprom withdrew its interest in the country&rsquo;s gas monopoly Depa, citing concerns about the company&rsquo;s viability, while the country&rsquo;s gas grid operator Desfa received only a single bid.</p>



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READ THE ORIGINAL POST AT www.economywatch.com