SOCAR

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. 

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.

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.

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