World Bulletin / News Desk
Greece announced Wednesday it was pulling out of plans to sell control of Greek gas supplier Desfa to Azeri giant Socar, a deal pledged by Athens to its EU and IMF creditors.
"These discussions have ended," the Greek energy ministry said in a statement, referring to talks with Socar and Snam, the Italian group which has formed an alliance with the Azeri giant.
The ministry said Socar and Snam wanted to pay in installments, a proposal rejected as legally unworkable, leading to negotiations on "alternative options" which in the end came to nothing.
According to Greece's Ana news agency, the ministry may soon launch a tender for the sale, foreseen as part of a programme of privatisations demanded of Greece by its European Union and the International Monetary Fund (IMF) creditors.Last Mod: 30 Kasım 2016, 23:15