SOCAR retains interest in privatization of Greek DEPA

Oil&Gas Materials 7 November 2012 19:00 (UTC +04:00)

Azerbaijan, Baku, Nov. 7 / Trend E.Ismayilov /

The State Oil Company of Azerbaijan (SOCAR) retains interest in purchasing DEPA Greek gas company, regardless of the choice of the project for transportation of Azerbaijani gas to Europe, the head of SOCAR Rovnag Abdullayev told the journalists on Wednesday..

Currently, the shareholders on development of Shah Deniz Azerbaijani gas condensate field are considering two possible routes of gas supplies to Europe - Nabucco West and Trans Adriatic Pipeline, which passes through the territory of Greece.

According to Abdullayev, SOCAR is participating in the tender for privatization of DEPA assets.

The main interest of Azerbaijani company is based on the fact that the Greek DEPA is operating gas distribution networks and performing other gas operations in Greece.