• $
  • €
  • ₽
  • ₺
  • £

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
Azerbaijan-India Bilateral Trade Reaches $600M in First Nine Months of 2026
Business 15:30
Azerbaijan-India Bilateral Trade Reaches $600M in First Nine Months of 2026
Azeri Light Crude Advances to $121.95 per Barrel on Global Markets
Business 13:30
Azeri Light Crude Advances to $121.95 per Barrel on Global Markets
Azerbaijan Submits 2027 State Budget Draft to Parliament
Business 13:00
Azerbaijan Submits 2027 State Budget Draft to Parliament
Central Bank of Azerbaijan Releases Official Exchange Rates for October 23
Business 11:00
Central Bank of Azerbaijan Releases Official Exchange Rates for October 23
Natural Gas Futures Drop on New York Mercantile Exchange
Business 10:30
Natural Gas Futures Drop on New York Mercantile Exchange
Brent Climbs Above $113, WTI Tops $100
Business 10:00
Brent Climbs Above $113, WTI Tops $100
Abortion Rates in Azerbaijan Rise 21.9% in 2025, Statistics Committee Reports
Business 16:59
Abortion Rates in Azerbaijan Rise 21.9% in 2025, Statistics Committee Reports
Armenian Deputy PM Visits Syunik for Trump Route Infrastructure Planning
Business 14:30
Armenian Deputy PM Visits Syunik for Trump Route Infrastructure Planning
Azerbaijan Sets Target for Transition to Electric Stoves in Residential Buildings
Business 14:00
Azerbaijan Sets Target for Transition to Electric Stoves in Residential Buildings
Anews TV

Our official Youtube channel

Subscribe