DEPA
DEPA files for arbitration over prices in Gazprom deal
Greek gas supplier DEPA Commercial has filed for arbitration to seek a price revision on its gas supply contract with Gazprom, DEPA CEO Constantinos Xifaras has said.
DEPA nears gas deal with Gazprom
The government expressed optimism on Tuesday regarding a deal between DEPA Commercial SA and Russia's Gazprom PJSC, which is set to provide natural gas until at least 2026.
The two sides have reportedly found common ground over disputed issues, which will most likely exclude the need for arbitration, although the government has not removed the option from the table.
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DEPA to break with Gazprom?
Negotiations between DEPA Commercial and Gazprom are at a pivotal point, which may lead to arbitration or even a complete stop in Russian gas imports. Their outcome will also determine the future of the Greek gas company.
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Helleniq seeking ‘clean solutions’ on Greek gas company stake
Helleniq Energy would consider either acquiring full control of the country's biggest gas supplier DEPA Commercial or fully disinvest from the company, its top manager said.
Privatization of natural gas retailer gets back on track
The positive prospects of the Athens Stock Exchange (ASE) will provide a solution to the suspended privatization of DEPA Commercial, a subsidiary of Public Gas Corporation (DEPA).
The plan is to get HELLENiQ Energy (the former ELPE) to sell its 35% stake in DEPA Commercial to the state, which, in turn, will list the company on the ASE.
EastMed market test by end-2023
The market test for the EastMed pipeline - the project to transport natural gas from East Mediterranean gas fields to Italy and Central Europe through Greece - is expected to take place by the end of 2023, officials of owner IGI Poseidon told the Athens-Macedonian News Agency.
IGI Poseidon belongs in equal shares (50%-50%) to Greece's DEPA International Projects and Italy's Edison.
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DEPA wins gas supply contract in Moldova
DEPA Commercial is among the winners of an auction for the supply of Moldova with natural gas.
The auction, held by Energocom, covers a significant part of natural gas supply of the Moldovan market during the summer period, with the product to be delivered in the Isaccea/Orlovka interconnection point between Romania and Hungary.
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DEPA Commercial enters Hungarian Energy Exchange
DEPA Commercial on Thursday announced its entry on the Energy Exchange of Hungary CEEGEX, a move signalling the company's international expansion and establishing its leading role in energy developments, a company announcement said.
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Moldova is buying Greek gas to test import routes
Moldova, under constant threat of a reduction in Russian gas supplies, will buy a small amount of gas from Greece to test new import routes, state energy company Energocom said on Thursday.
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PM to chair meeting on Greek energy sufficiency
With anxiety in Europe escalating over Moscow's stance after the end of the ten-day maintenance period on the Nord Stream 1 pipeline on July 21, Prime Minister Kyriakos Mitsotakis called a meeting on the country's energy supply security measures.
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