Fluxys

Snam's plans for the future of DESFA

Greek gas grid operator DESFA is of major strategic importance for the broader natural gas market, as its network runs along the Southern Gas Corridor to the heart of the European Union, where most new routes bringing the commodity to central European markets will pass, Marco Alvera tells Kathimerini.

Greek privatization agency asks for improved bids in DESFA sale

Greece's privatization agency (HRADF) on Thursday called on the two consortia that submitted binding bids for the acquisition of a 66 percent stake in the country's gas grid operator DESFA to improve their offers.

This means the preferred investor will be determined in a new round of bidding.

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.

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