EU energy head urged for swift finalization of DESFA sale

Greece’s Environment, Energy & Climate Change Minister Yiannis Maniatis has asked the European Commissioner for Energy Union, Maros Sefcovic, to contribute to the acceleration of the stalled sale of 66 percent equity share of DESFA, the Natural Gas Transmission System Operator, to Azeri company Socar.

The two men, joined by the Greek ministry’s General Secretary, Konstantinos Mathioudakis, met in Brussels earlier this week to discuss the DESFA privatization, currently being examined by the European Commission over EU energy competition concerns.

On November 5, the EU’s executive body announced it would require a three-month period to examine the agreement between the Greek and Azeri companies.

At the Brussels meeting, Maniatis elaborated on the agreement’s details, contending that its procedures were fully compatible with recent national law as well as the EU’s third energy package of legislative details for electricity and gas markets.