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Tuesday, June 11, 2013

SOCAR becomes the only major player in privatization race of Greek DESFA

Russian energy company Sintez will not submit a binding bid to buy Greek natural gas grid operator DESFA, leaving Azerbaijan's state company SOCAR as the only major player in the race, sources said on Monday. "Sintez has withdrawn from the bidding," one official close to the company told Reuters. Two Greek officials involved in the privatisation process confirmed the ...

READ THE ORIGINAL POST AT www.greekherald.com