Azerbaijan’s state energy conglomerate, Socar, on Thursday announced that a collapse of negotiations this week with Athens to finalize its purchase of a majority stake in Greece’s natgas grid operator (DESFA) will not affects its other investment plans in the country and the wider region.
Greece’s privatization fund, TAIPED or HRADF, is expected to convene in the coming period to decide on the future course for DESFA, whose privatization is a memorandum-mandated milestone.
