Fluxys chief: Greece pivotal for future gas flow into Europe

Greece is strategically placed in terms of future gas flow into Europe, the head of Belgian operator Fluxys has underlined.

Fluxys chief executive Pascal De Buck, in comments offered to Belgian business newspaper L’Echo, noted that Fluxys is awaiting the early developments of the Greek government’s renewed international tender offering a 66 percent stake of DESFA, Greece’s natural gas grid operator, before this investment prospect can be further examined.

Fluxys has joined forces with Italy’s Snam, Spain’s Enagas and Gasunie from the Netherlands for the DESFA sale. Non-binding first-round bids were submitted less than a fortnight ago.

Gasunie is the aforementioned bidding team’s only member without interests in the TAP consortium, currently developing the Trans Adriatic Pipeline to run through northern Greece, Albania and across the Adriatic Sea to Italy. Fluxys holds a 19 percent stake in the TAP consortium.