Gas market upswing good news for Greek hub plans

Strong investor interest in its grid operator and rising demand are favourable signs for Greece's ambition of becoming a regional gas hub
By Annemarie Botzki 16 August 2017
The LNG terminal on Revithoussa Island, Greece. (EC)

Strong investor interest in its gas grid operator and rising domestic demand are favourable signals for Greece’s ambition of becoming a regional gas hub.

Ten companies expressed interest in buying a majority stake in DESFA last week. The Hellenic Republic Asset Development Fund (HRADF) launched a tender for the sale in late June.

“One may definitely say that this result represents an important vote of confidence of the major industry players – international and regional – in the country’s efforts to liberalise the national natural gas market...

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