• $
  • £

SOCAR extends term of tender on DESFA deal

SOCAR extends term of tender on DESFA deal
28.09.2016 16:32
Azerbaijan’s state oil company SOCAR has extended the term of a letter of guarantee on the tender to buy a 66-percent stake in the Greek national gas transmission system operator DESFA until Oct. 31, 2016, SOCAR said in a message posted on its website.

The message says that as a part of his visit to Greece, SOCAR head Rovnag Abdullayev met with the country’s Prime Minister Alexis Tsipras.

Talks were held in a warm and positive atmosphere. Tsipras said that he appreciates Azerbaijan as a strategic partner of Greece, and SOCAR as a strategic company – investor.

The prime minister also noted that he is ready to take all possible steps for SOCAR’s entering the Greek market.

During the meeting, the parties decided to create a working group in order to solve the crisis arisen around DESFA’s privatization. SOCAR’s Vice President for Investments and Marketing Elshad Nassirov will head the working group from the Azerbaijani side and Adviser to the Greek prime minister on economic issues Dimitris Liakos – from the Greek side.

It was noted that the working group must prepare proposals, satisfying both sides, by conducting relevant discussions with the European Union and state structures of Greece.

www.ann.az
Similar news
Similar news
Bank ABB’s new AI assistants - AI-nur and AI-khan -
are now available to everyone!
Business 13:30
Bank ABB’s new AI assistants - AI-nur and AI-khan - are now available to everyone!
Доходы госбюджета Азербайджана превысили 6,3 млрд манатов
Business 13:20
Доходы госбюджета Азербайджана превысили 6,3 млрд манатов
Average monthly salary in Baku up 9%
İqtisadiyyat 12:30
Average monthly salary in Baku up 9%
Gold and silver prices rise in commodity markets
Business 10:30
Gold and silver prices rise in commodity markets
Azerbaijani oil price exceeds $103
Business 09:30
Azerbaijani oil price exceeds $103
Kapital Bank retains its status as the largest taxpayer in the non-oil sector
Business 15:38
Kapital Bank retains its status as the largest taxpayer in the non-oil sector
TəhsilPlus card by Kapital Bank, offering unique opportunities for education professionals, presented to its first holders
Business 14:30
TəhsilPlus card by Kapital Bank, offering unique opportunities for education professionals, presented to its first holders
Main index indicators of world stock markets
Business 12:00
Main index indicators of world stock markets
Brent, WTI crude oil prices decline on global markets
Business 10:30
Brent, WTI crude oil prices decline on global markets
Anews TV

Our official Youtube channel

Subscribe