“The DESFA privatization is delayed due to the fact that the European Commission opposes the transfer of a controlling block in the gas operator to the SOCAR,” said Skourletis.
He went on to add that the Greek government has no plans to privatize other energy assets.
SOCAR won a tender in December 2013 on the sale of 66-percent share in DESFA for 400 million euros. The European Commission started an inquiry into the compliance of the deal on acquisition of a stake in DESFA with the EU’s regulations In November 2014. Currently, the deal is being considered by European Commission’s Directorate-General for Competition.
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