Greece agrees to sell DESFA to

26 November 2024

Greece agrees to sell DESFA to SOCAR

14:01 21 June 2013 Read: 766

Greece agrees to sell DESFA to SOCAR

The Board of Directors of the Hellenic Republic Assets Development Fund (HRADF) has reviewed and welcomed the proposal of SOCAR to purchase DESFA Gas Company.

HRADF`s Board of Directors, during its meeting today, was updated on the improved proposal of SOCAR for DESFA and expressed its unanimous satisfaction.

The Board subsequently decided to proceed to all necessary actions in order that the tender is concluded as soon as possible, Gun.Az reports, citing the official website of HRADF.

Of DESFA assets, 35% belongs to Hellenic Petroleum, 31% - directly to the Greek government. The government will gain EUR 188m from the sale of the share.

More about:

News Line

Embassies of Azerbaijan and Kazakhstan host official reception in Cambodia

Embassies of Azerbaijan and Kazakhstan host official reception in Cambodia

Key outcomes of COP29 conference in Turkish media spotlight

Key outcomes of COP29 conference in Turkish media spotlight

COP29: Key outcomes of Baku-hosted conference in world media spotlight

COP29: Key outcomes of Baku-hosted conference in world media spotlight

Meeting with NATO delegation held in Baku, Defense Ministry

Meeting with NATO delegation held in Baku, Defense Ministry

Azerbaijan's investment opportunities promoted in Izmir

Azerbaijan's investment opportunities promoted in Izmir

Rescue operation launched after Red Sea tourist boat sinks

Rescue operation launched after Red Sea tourist boat sinks

Azerbaijan, NATO explore cooperation prospects

Azerbaijan, NATO explore cooperation prospects

Iran set to hold nuclear talks with European troika after IAEA resolution

Iran set to hold nuclear talks with European troika after IAEA resolution

UK expands sanctions against Russia

UK expands sanctions against Russia

Ultranationalist candidate leading in 1st round of Romania's presidential election

Ultranationalist candidate leading in 1st round of Romania's presidential election

UN calls on urgent measures to fight violence against women

UN calls on urgent measures to fight violence against women

Azerbaijani shooter claims silver in Walther Youth Cup Smederevo

Azerbaijani shooter claims silver in Walther Youth Cup Smederevo

Aircraft of Azerbaijan Air Force carry out training flights - VIDEO

Aircraft of Azerbaijan Air Force carry out training flights - VIDEO

Azerbaijan’s Minister of Culture to attend 10th UNAOC Global Forum in Portugal

Azerbaijan’s Minister of Culture to attend 10th UNAOC Global Forum in Portugal

China launches two new satellites

China launches two new satellites

Azerbaijan discloses number of mines found in liberated territories over past week

Azerbaijan discloses number of mines found in liberated territories over past week

Indonesia’s Mount Dukono erupts, ash plume reaches 3,000 meters

Indonesia’s Mount Dukono erupts, ash plume reaches 3,000 meters

Azerbaijani economy's dependence on oil and gas sector down significantly - minister

Azerbaijani economy's dependence on oil and gas sector down significantly - minister

Azerbaijan files lawsuit against Armenia at The Hague

Azerbaijan files lawsuit against Armenia at The Hague

Azerbaijan celebrates Kalbajar City Day in Azerbaijan

Azerbaijan celebrates Kalbajar City Day in Azerbaijan

Negotiations over $300-500 billion climate finance target underway at COP29

Negotiations over $300-500 billion climate finance target underway at COP29

Azerbaijani Foreign Ministry summons French ambassador

Azerbaijani Foreign Ministry summons French ambassador

Total of 25 countries & EU pledge to commit to no new unabated coal power at COP29

Total of 25 countries & EU pledge to commit to no new unabated coal power at COP29

Protocol of intent signed for Baku Dialogue on Water for Climate Action

Protocol of intent signed for Baku Dialogue on Water for Climate Action

President: Azerbaijan has created favorable conditions for lasting peace in the South Caucasus

President: Azerbaijan has created favorable conditions for lasting peace in the South Caucasus

President Ilham Aliyev shares post on Kalbajar City Day - VIDEO

President Ilham Aliyev shares post on Kalbajar City Day - VIDEO

COP29 Presidency issues statement on climate finance goals and consultation process

COP29 Presidency issues statement on climate finance goals and consultation process

Azerbaijani President: The COP29 is a turning point in climate diplomacy!

Azerbaijani President: The COP29 is a turning point in climate diplomacy!

Aircraft of Azerbaijan Air Force carry out training flights - VIDEO

Aircraft of Azerbaijan Air Force carry out training flights - VIDEO

UN Sec-Gen: COP29 was very much on agenda of G20 Summit in Rio

UN Sec-Gen: COP29 was very much on agenda of G20 Summit in Rio

COP29 adopts decision on work programme for non-market approaches under Paris Agreement

COP29 adopts decision on work programme for non-market approaches under Paris Agreement

Azerbaijani presidential aide criticizes US parliamentarians for their pro-Armenian position

Azerbaijani presidential aide criticizes US parliamentarians for their pro-Armenian position

COP29 сlosing plenary held in Baku

COP29 сlosing plenary held in Baku

Azerbaijani, Iranian special forces begin joint tactical exercise

Azerbaijani, Iranian special forces begin joint tactical exercise

News Line
Most Read

21:46 Embassies of Azerbaijan and Kazakhstan host official reception in Cambodia
21:45 Key outcomes of COP29 conference in Turkish media spotlight
20:03 COP29: Key outcomes of Baku-hosted conference in world media spotlight
19:55 Meeting with NATO delegation held in Baku, Defense Ministry
18:39 Azerbaijan's investment opportunities promoted in Izmir
17:43 Rescue operation launched after Red Sea tourist boat sinks
17:32 Azerbaijan, NATO explore cooperation prospects
17:15 Iran set to hold nuclear talks with European troika after IAEA resolution
16:59 UK expands sanctions against Russia
16:28 Ultranationalist candidate leading in 1st round of Romania's presidential election
16:14 UN calls on urgent measures to fight violence against women
16:01 Azerbaijani shooter claims silver in Walther Youth Cup Smederevo
15:53 Aircraft of Azerbaijan Air Force carry out training flights - VIDEO
15:24 Azerbaijan’s Minister of Culture to attend 10th UNAOC Global Forum in Portugal
15:08 China launches two new satellites
14:40 Azerbaijan discloses number of mines found in liberated territories over past week
14:27 Indonesia’s Mount Dukono erupts, ash plume reaches 3,000 meters
14:05 Azerbaijani economy's dependence on oil and gas sector down significantly - minister
13:42 Azerbaijani taekwondo fighters win two medals in Bosnia Open G1
13:40 Azerbaijani, Iranian special forces begin joint tactical exercise
13:36 Storm Bert causes widespread chaos across UK with floods, fatalities, power outages
13:18 Azerbaijan's social expenditures in 2024 projected to be 1.6 times higher than in 2021
12:55 Next couple of months ‘critical for Ukraine,’ says former Trump security adviser
12:37 President Ilham Aliyev: Level of friendship between Azerbaijan and Bosnia and Herzegovina is gratifying
12:36 President Ilham Aliyev congratulates President of Suriname
12:26 Turkish Cabinet to discuss war in Ukraine, Middle East situation
12:16 President Ilham Aliyev congratulates Chairman of Bosnia and Herzegovina Presidency
11:33 Oil prices drop in global markets
10:57 Georgian Prime Minister announces composition of new government
10:29 Pilot killed in cargo plane crash near Lithuanian capital
10:11 President Ilham Aliyev shares post on Kalbajar City Day - VIDEO
10:03 Azerbaijan's Commissioner for Human Rights meets with OIC Secretary-General
09:55 "Young Diplomats" congratulate Azerbaijan on successful hosting of COP29
09:33 S. Korea Air Force begins large-scale Soaring Eagle exercise
09:11 Azerbaijan celebrates Kalbajar City Day in Azerbaijan
19:55 First export train heads from Azerbaijan to China
16:16 COP29 agreement is a critical step - UK foreign secretary
16:14 Azerbaijani President: The COP29 is a turning point in climate diplomacy!
14:31 President Biden congratulates Azerbaijan for hosting landmark COP29 summit
12:16 COP29 and Azerbaijan's green energy transition in spotlight of BBC TV Channel
10:06 Breakthrough in Baku delivers $1.3tn “Baku Finance Goal”
10:03 COP29 сlosing plenary held in Baku
22:53 COP29 achieves full operationalization of Article 6 of Paris Agreement – unlocks international carbon markets
21:55 Resolution adopted commending Azerbaijan for exemplary COP29 organization
19:44 Hungary has invited Netanyahu to visit, Israeli PM's office confirms
19:41 COP29 hosts another protest
18:33 Putin says Russia will keep testing new missile in combat
17:29 Defense minister highlights Azerbaijan Army's strength and dedication, inspired by commander-in-chief
14:51 Total of 25 countries & EU pledge to commit to no new unabated coal power at COP29
14:15 Azerbaijani shooting teams shine at int'l tournament in Serbia
14:00 Earthquake jolts Azerbaijan's Lachin
13:29 Chairman of Caucasus Muslims Office to attend 10th UNAOC Global Forum
13:08 Kazakhstan presents plans to achieve carbon neutrality at COP29
12:34 WHO: Mpox continues to be international public health emergency
12:13 COP29: New initiatives unveiled at Urban Development Day to boost int’l co-op
11:35 European Club Association meeting to highlight COP29-launched Football Clubs Alliance for Climate
11:12 Azerbaijani oil price tops $76
10:42 Azerbaijan inks $131.5M loan agreement with ADB to revitalize INSTC
10:16 2024-25 UEFA Nations League quarterfinals set
09:41 Trump taps Scott Bessent for Treasury, capping long drama over choice
09:18 Russia to keep testing new missile in combat, Putin says
23:10 Spain fines budget airlines including Ryanair €179m
22:02 Rapper Sean 'Diddy' Combs returns to jail as judge considers bail bid
21:57 Benjamin Netanyahu arrest warrant: Where can he still go in Europe?
19:42 Deputy Chairman of New Azerbaijan Party attends 12th ICAPP General Assembly
19:41 Ambassador of Brazil: We hope COP30 will be acclaimed for its high-level organization
18:51 Leyla Aliyeva participates in tree-planting campaign in Baku
17:43 German FM: Finance and mitigation are key to combating climate change
17:16 Azerbaijani FM voices concern over unfounded smear campaign against nation
17:04 President: Azerbaijan has created favorable conditions for lasting peace in the South Caucasus
17:00 Milli Majlis Speaker Sahiba Gafarova takes the floor at 57th plenum of CIS member states’ Inter-Parliamentary Assembly
16:59 President Ilham Aliyev: ICAPP established itself as prestigious platform for cooperation
16:53 COP29 Presidency issues statement on climate finance goals and consultation process
16:30 Azerbaijan, Israel to set up new working group for cooperation
16:20 Azerbaijan initiates creation of the first-ever Global South NGO Platform
16:10 President of Congo meets with Congolese students studying at BHOS
16:09 US decision to allow missile strikes deep into Russia fuels global escalation: Slovak PM
15:38 Azerbaijan, Türkiye discuss green energy supply
15:11 Global Zero Waste initiative gains global momentum at COP29 in Baku
14:59 Baku hosts panel on “Building Tomorrow: The Legacy of COP29 in Azerbaijan and in the World”
14:59 Azerbaijan and Türkiye discuss projects on green energy supply
14:36 Azerbaijan, Hungary discuss European energy security
14:12 COP29 discusses green initiatives implemented in Africa
13:46 Malmö FF joins climate initiative at COP29
13:32 Trump names Pam Bondi as new pick for attorney general
13:12 COP29 highlights role of algae cultivation in reducing CO2 emissions
13:04 North Korean leader warns of growing risk of nuclear war
12:34 President Ilham Aliyev receives Israel's Minister of Transport and Road Safety
12:32 Haiti summons French ambassador over Macron's remarks
12:09 Leyla Aliyeva and Arzu Aliyeva visit exhibitions at National Art Museum
11:59 Azerbaijan's Milli Majlis criticizes Luxembourg Chamber of Deputies' resolution
11:50 COP29 negotiating groups hold Congress
11:26 Azerbaijan and Chile to cooperate in the field of transport
11:19 Nature is our priority at COP29: UK minister
10:53 Oil prices stabilize in global markets
10:35 Iran orders activation of new advanced centrifuges after anti-Tehran resolution at IAEA
10:16 Azerbaijani oil price surpasses $75
09:55 UN urges restraint as conflict in Ukraine escalates
09:31 Bitcoin price exceeds $99,000
09:16 Azerbaijani presidential aide says Politico’s biased article is vile example of disinformation
08:55 Chairperson of Azerbaijani parliament speaks at CIS Interparliamentary Assembly Council meeting
08:47 Jeyhun Bayramov discusses regional and bilateral issues with his Uzbek counterpart
08:46 Lufthansa flight lands safely at Heydar Aliyev International Airport
23:02 World War III has officially begun, Ukraine’s ex-top general says
22:49 Baku Declaration on SPECA Forum of Climate Smart Cities signed as part of COP29
20:18 Azerbaijan Army’s servicemen attend forum in Saudi Arabia
17:53 Leyla Aliyeva participates in COP29 panel on rare species conversation
17:43 Iceland's Reykjanes Peninsula sees 7th volcanic eruption this year
17:36 António Guterres: I am confident that agreement can be reached
17:23 SOCAR and "Tree Energy Solutions” sign joint study agreement
17:06 ICC issues arrest warrant for Benjamin Netanyahu over war crimes in Gaza
17:01 Azerbaijan’s Agency for State Support to NGOs and Kenya’s SMACHS Foundation sign memorandum
16:58 Bitcoin heading towards the $100,000 level
16:36 Azerbaijani, Egyptian FMs hold phone talk
16:17 ISESCO-organized event on agri–food system held as part of COP29
16:15 French MPs’ Telegram accounts hacked
16:12 Effective management of plastic waste discussed at COP29
16:09 We need agreement on an ambitious new climate finance goal in Baku, UN chief says
16:06 Russia confirms attack with UK-made Storm Shadow missiles on its territory
15:52 IRIA, Google discuss cooperation on artificial intelligence and digital transformation

22:53 COP29 achieves full operationalization of Article 6 of Paris Agreement – unlocks international carbon markets 745
12:13 COP29: New initiatives unveiled at Urban Development Day to boost int’l co-op 628
13:29 Chairman of Caucasus Muslims Office to attend 10th UNAOC Global Forum 603
17:29 Defense minister highlights Azerbaijan Army's strength and dedication, inspired by commander-in-chief 599
14:15 Azerbaijani shooting teams shine at int'l tournament in Serbia 582
21:55 Resolution adopted commending Azerbaijan for exemplary COP29 organization 578
13:08 Kazakhstan presents plans to achieve carbon neutrality at COP29 576
19:55 First export train heads from Azerbaijan to China 574
14:00 Earthquake jolts Azerbaijan's Lachin 568
10:16 2024-25 UEFA Nations League quarterfinals set 567
12:34 WHO: Mpox continues to be international public health emergency 561
11:35 European Club Association meeting to highlight COP29-launched Football Clubs Alliance for Climate 556
12:16 COP29 and Azerbaijan's green energy transition in spotlight of BBC TV Channel 546
10:06 Breakthrough in Baku delivers $1.3tn “Baku Finance Goal” 534
16:16 COP29 agreement is a critical step - UK foreign secretary 533

Tell me about Azerbaijan

10:28

2021/11/1635834059.jpg

Drive up high to the remote village of Khinalig – Azerbaijan| PHOTOS

Armenian Aggression

12:13

2021/08/1629188112.jpg

Glorification of Armenian terrorism in California - OPINION

15:49

2023/12/1702641119.jpg

2023 champions honored at FIA Prize Giving event in Baku - NO COMMENT

Azerbaijan in Focus

09:37

2021/10/1634017375.jpg

EURONEWS : Highly skilled art of copperware production lives on in Lahij| VIDEO

23:17

2021/10/1634066358.jpg

Armenia launches criminal case on Serzh Sargsyan's visit to Baden-Baden - CARTOON

19:30

516OIzDe1pL._BO_.jpg

Years of Blood: A History of the Armenian-Muslim Clashes - Audiobook

About us

If you have a story you think we might be interested to know about please email our news team at [email protected] or phone +994 125975052 and ask to be put through to AzVision.

Azvision.az ©2014 | All rights reserved