SOCAR Ups Bid For DESFA

With Greece’s privatization program staggered by the failure to get even a single offer for the natural gas company DEPA, the lone bidder for the distribution branch, DESFA – Azerbaijian’s state energy company SOCAR is said to hiked its offer to 400 million euros, some $535.6 million. Reports said SOCAR made the revision in a submission to the Greek state privatization fund ...

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