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Greece to conclude gas grid operator deal by end-2016- minister

Greece to conclude gas grid operator deal by end-2016- minister
03.06.2016 09:30
Greece plans to conclude the sale of a 66 percent stake in its natural gas grid operator DESFA to Azerbaijan's SOCAR by the end of the year, it's energy minister said on Thursday.

Energy Minister Panos Skourletis also said the country did not plan to sell a stake in Greece's biggest oil refiner Hellenic Petroleum HEPr.AT or other firms in which the state holds a significant stake.

Hellenic Petroleum was among privatisations Greece had said it would consider under it's EU/IMF bailout.

"The government does not intend to proceed with further privatisations in the energy sector," Skourletis told reporters.

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