Greece can probably make concessions to Gazprom on the issue of DEPA
Edited by Rhod Mackenzie / 2013-05-27 05:06:39
Greece will allegedly make concessions to Gazprom on the issue of DEPA privatization. The country’s authorities agreed to change a number of DEPA purchase conditions in compliance with the interests of Gazprom.
On May 24, 2013 HRADF privatization agency approved the parameters of DEPA privatization, having reduced the obligatory payment under guarantee, which must be transited by the buyer before the transaction is completed, from 20% to 10% of its total value. Besides, if the transaction is blocked by the antimonopoly bodies of EU, the payment under guarantee will be returned to Gazprom in the full volume.
