Final bids for DESFA expected before the end of 2017 – Greece, 13 October 2017

According to sources, Greek officials expect to receive binding offers for the purchase of 66 % stake in natural gas transmission system operator DESFA from shortlisted investors by the end of this year.
Under the latest bailout agreement with its creditors, Greek state is obliged to sell 31 % stake in gas operator DESFA, while Hellenic Petroleum is also selling its 35 % stake in the company. According to the agreement, the sale has to be completed by the end of 2017, but it is very unlikely that this deadline will be met.

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