• $
  • £

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
Repair Loan up to 200000 AZN from ABB Bank
Business 15:30
Repair Loan up to 200000 AZN from ABB Bank

Managing business expenses is easier with Yelo Bank’s tariff packages!
Business 15:02
Managing business expenses is easier with Yelo Bank’s tariff packages!
Brent oil price rises
Business 14:30
Brent oil price rises
Azerbaijani oil price exceeds $105
Business 10:30
Azerbaijani oil price exceeds $105
Leave your travel plans to Yelo App!
Business 16:38
Leave your travel plans to Yelo App!

IEA sharply lowers forecast for global oil production growth
Business 16:00
IEA sharply lowers forecast for global oil production growth
Azerbaijan's non-oil exports up nearly 20%
Business 15:30
Azerbaijan's non-oil exports up nearly 20%
Electronic cigarettes are banned, but heated tobacco products are not
Business 14:00
Electronic cigarettes are banned, but heated tobacco products are not
Gold and silver prices decline
Business 13:00
Gold and silver prices decline
Anews TV

Our official Youtube channel

Subscribe