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Gazprom Withdraws from Greek Privatization Offer

Published: June 12, 2013; 20:01 · (Vindobona)

The months of courtship were in vain. The Russian enterprises Gazprom and Sintez allowed the period prescribed for the privatization of Greek gas company Depa to expire.

Gazprom Withdraws from Greek Privatization Offer / Picture: © Gazprom

After the burst privatization of gas enterprise Depa, Athens is now working on damage control. Russian energy enterprise Gazprom was considered the only serious candidate for the Greek gas company which is held by 65 percent by the state. However, the Russians withdrew the offer in the last minute. According to Greek privatization company HRADF there were no more…

This article includes a total of 334 words.

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