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Wednesday, September 18, 2013

DESFA to be used as launch pad for Socar’s Balkan expansion

By Chryssa Liaggou Azeri energy company Socar is processing plans for the development of natural gas networks in other Balkan countries, placing priority on Albania and Montenegro, which do not have any such networks, as well as Serbia, which faces serious shortfalls.The basis for the plan will be the acquisition of 66 percent stake of the Greek gas transmission network operator, DESFA, while ...

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