Showing posts with label DEPA. Show all posts
Showing posts with label DEPA. Show all posts

Thursday, June 05, 2014

Greece to buy Russian gas at discounted price of $396 per 1,000 cubic metres

“The contract satisfies both Greece and Gazprom. It provides for annual gas supplies of about two billion cubic metres from 2016,” Georgios Chelikidis, the General Manager of Prometheus Gas S.A. says...

ATHENS, June 05./ITAR-TASS/. Greece will buy Russian gas at a price of $396 US dollars per 1,000 cubic metres, Georgios Chelikidis, the General Manager of Prometheus Gas S.A., a Greek-Russian joint venture with participation of Russia’s Gazprom Export, told ITAR-TASS on Thursday.

Tuesday, September 17, 2013

Russia seeks to privatize its suffering ‘friend’ Greece. -Greece is also home to a robust Russian diaspora.

Russian investors are pursuing deals to help cash-strapped Greece privatize its economy and pay off its huge debt. Russian Railways RZD may take a 100 percent state in Greek’s TRAINOSE, and Gazprom has renewed talks with state-owned gas company DEPA.
Valentina Matviyenko, the Speaker of the upper house of Russia's Parliament has expressed her government's vested interest in the Greek economy. She's traveling with a group of Russian investors looking to to get a slice of Greece's privatization.
"Our position is that would not be an acquisition of assets, but rather a support for friendly Greece at the complicated economic stage," Matvienko said.

Tuesday, May 21, 2013

Gazprom squeezes Greece for better terms as sole major bidder for DEPA

Gazprom officials are in Athens for talks on acquiring Greece's public gas distributor DEPA. Gazprom is already DEPA’s major supplier and there are concerns the EU could block the deal in an attempt to limit Russia’s presence in its energy market.
According to local media reports, Gazprom head, Aleksey Miller himself is taking part in the negotiations.
Gazprom is trying to negotiate favorable terms for the deal, stressing its sole major bidder position in the privatizing process of DEPA, Reuters reports. These are the third round of negotiations since March 2013, and this time Gazprom wants to achieve guarantees from DEPA creditors to clear its debt of €380 million before taking over the company.
Gazprom also wants to postpone the payment of a bid guarantee of 20% of the deal's value until the European Union approves the acquisition of DEPA by the Russian firm.
Gazprom is DEPA’s main gas supplier, which has raised concerns the EU might block or impose stern conditions on the deal, as it’s trying to loosen Russia’s grip on EU energy market.

EL News

Δημοσιεύτηκε από Geo Kok στις Πέμπτη, 11 Φεβρουαρίου 2021
Δημοσιεύτηκε από Geo Kok στις Παρασκευή, 12 Φεβρουαρίου 2021
Δημοσιεύτηκε από Geo Kok στις Πέμπτη, 11 Φεβρουαρίου 2021