Attica Gas Corporation

Shell's plans for disengagement from Attica Gas Corporation (EPA Attikis) are hampering the government in its negotiations with the country's creditors on the position of Public Gas Corporation (DEPA) in the natural gas retail market.

Athenians are turning to natural gas in response to the the high cost of heating oil, as data released by the Attica Gas Corporation showed that 17,500 households chose to join the gas network in the capital in the first nine months of the year, beating the annual target of the company by 45 percent.

By Chryssa Liaggou

Athens is seeking an exit formula for oil giant Shell from the Attica Gas Corporation due to the multinational company’s intransigent attitude in negotiations for the liberalization of the natural gas retail market.