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23.09.2016 15:50

SNAM will not participate in DESFA privatization without SOCAR

Italys Snam wants SOCAR to remain as another shareholder in DESFA privatization, local media reported citing to CNN TV channel.

Two days ago, the Greek Energy and Environment Minister Panos Skurletis met with the delegation of Italian Snam company: The Italian delegation was dissatisfied with the meeting. They dont want to agree with several conditions laid down by the Greek minister. One thing is exact: Snam will participate in DESFA privatization if SOCAR is another shareholder.

According to the channel, despite the several officials of Greek government act non-adequately, they are interested in participation of SOCAR, shareholder of a large-scale project such as TAP, in DESFA privatization.

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