Public Gas Corporation

The road to the privatization of the Public Gas Corporation (DEPA) appears to be full of obstacles, with particular problems emerging for the process that will start with the submission to Parliament of a bill to that effect.

Public Power Corporation (PPC) has just launched its double-play offerings to domestic and professional customers, penetrating the natural gas market for their first time.

The transformation of Public Gas Corporation (DEPA) is back on the table ahead of crucial decisions for the privatization of the utility that is 65 percent owned by the state privatizations fund (TAIPED) and 35 percent owned by Hellenic Petroleum (HELPE).

The government on Thursday forced the departure of the chief executive officer of the Public Gas Corporation (DEPA), Dimitris Tzortzis.

The privatization timetable for Public Gas Corporation (DEPA) is sliding off track: The plan to break up the gas utility into a trading company and an infrastructure entity, which is essential for the privatization process, has hit a snag due to what the government considers a major issue - i.e. making the contract workers employed by the company permanent.

Public Gas Corporation (DEPA) has sold natural gas to Bulgaria at a price 10 percent below the Bulgarian regulated rate and 16 percent below the rate offered to its major clients in Greece, thereby subsidizing industry in the neighboring country.

If there were a case similar to that of Manolis Petsitis involving top opposition politicians, SYRIZA would have caused an uproar over the corrupt political system which rules us.

Deputy Parliament Speaker Tasia Christodoulopoulou (SYRIZA) has announced that she consents to summoning Anti-Money Laundering Authority Chief Anna Zairi and the head of the Authority's investigation of the DEPA-ELFE (Hellenic Fertilizers and Chemicals) affair, who resigned in the middle of the probe, to appear before the Parliamentary Committee on Transparency.

Bulgaria's Bulgargaz has struck a deal to buy 1.5 million megawatt hours of natural gas from Greece's Public Gas Corporation (DEPA), the first time the state provider has bought gas outside its long-term contract with Russia's Gazprom.

A three-way summit between Cyprus, Greece, and Israel with the participation of US Secretary of State Mike Pompeo sent a strong message to Ankara regarding energy security and its hostile behaviour in the Eastern Mediterranean.