SOCAR
Improved offers for DESFA tabled
State sell-off fund TAIPED, in cooperation with Hellenic Petroleum, is expected on Friday to open the new and improved binding offers for a 66 percent stake in gas grid operator DESFA.
- Read more about Improved offers for DESFA tabled
- Log in to post comments
SOCAR’s $6 bln oil refinery in Turkey to start up in third quarter of 2018
The first new oil refinery to be built in Turkey in 30 years will start up in the third quarter of 2018, the builder and operator Azeri state energy firm SOCAR said on Feb. 22.
Azerbaijan Ready to Invest in Bulgaria's gasification
Azerbaijan, via its state energy company SOCAR, is ready to engage in Bulgaria's gasification at its own expense. The statement was made by the President of Azerbaijan Ilham Aliyev on the occasion of a visit by the Prime Minister of Bulgaria Boyko Borissov to the central Asian country, EurActiv reports.
Azerbaijan, Bulgaria not Only Friends, But Strategic Partners
Azerbaijan and Bulgaria are not only friends, but also strategic partners, Azerbaijan's ambassador to Bulgaria Nargiz Gurbanova told Bloomberg TV, quoted by Trend News Agency.
DESFA deadline pushed to January
The deadline for the submission of binding offers for the 66 percent controlling stake in gas grid operator DESFA has been put off from December 22 to January 2018.
State sell-off fund TAIPED accepted a request to that effect submitted by candidate investors last week, as they want more time to prepare their offers.
- Read more about DESFA deadline pushed to January
- Log in to post comments
BP, Azerbaijan extend oilfield contract
British oil giant BP and energy-rich Azerbaijan on Sept. 14 prolonged their sharing deal for the Caucasus nation's largest oilfields until 2050.
"This time round, the contract is being signed on better terms for Azerbaijan," the ex-Soviet nation's President Ilham Aliyev said during a signing ceremony in the capital, Baku.
- Read more about BP, Azerbaijan extend oilfield contract
- Log in to post comments
DESFA bids of 400 mln or over, minister says
Energy Minister Giorgos Stathakis has given candidate buyers of gas grid operator DESFA a 400-million-euro bar to clear ahead of next Monday's submission of non-binding bids.
- Read more about DESFA bids of 400 mln or over, minister says
- Log in to post comments
Greece extends deadline for expressions of interest in gas grid
Greece's privatisation agency TAIPED said on Monday it had extended the deadline for submission of expressions of interest in natural gas grid operator DESFA to August 7.
Greece is seeking a buyer for a 66 percent stake in the grid under a privatisation scheme it has agreed with international lenders.
Monday had been the deadline.
Greece expects minimum 400 mln offers in gas grid sale, minister says
Greece expects potential investors will offer at least 400 million euros for a majority stake in its gas grid operator DESFA, Energy Minister George Stathakis said in an interview with Naftemporiki newspaper.
Greece relaunches tender to sell gas grid stake
Greece on Monday relaunched a tender for the sale of a majority stake in its natural gas grid operator DESFA, the country's privatization agency said.
Under its latest international bailout, Greece has agreed to sell state assets including a 66 percent stake in DESFA.
- Read more about Greece relaunches tender to sell gas grid stake
- Log in to post comments