Bank Of Baku

Greece offers Azerbaijan to privatize DEPA Company instead of gas transportation via TGI pipeline

Greece offers Azerbaijan to privatize DEPA Company instead of gas transportation via TGI pipeline
# 24 October 2011 11:41 (UTC +04:00)
According to him, Greek government is ready for some steps to support this selection.

Minister says that, if Shah Deniz consortium passes a positive decision on TGI project, SOCAR can participate in construction of project’s several parts and DEPA’s privatization.,

About privatization of DEPA by SOCAR, minister noted: “I’d offer SOCAR to privatize both DEPA and infrastructures to be built within the project. It can also take part in privatization of Despa Company”.

HE added that, DEPZ had 50% share in construction of Greece-Italy pipeline.
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