Moscow
MIN -6
MAX -2
Cloudy / 06:31 AM / Traffic

Greek Minister in Talks

ATHENS — Greece has invited bids for state-owned gas company DEPA, a day after Greek Environment Minister George Papaconstantinou met the president of Gazprom Export, Alexander Medvedev, to discuss energy policy and Greece's privatization program, according to a ministry statement.

The sale is part of a privatization program targeted to raise 19 billion euros ($25.5 billion) by 2015. Greece, which owns a 65 percent stake in DEPA, would retain a 34 percent stake. The deadline for bids is March 22.

The head of Prometheus Gas, a joint venture between Gazprom and Greece's Copelouzos Group, also attended the meeting. Greek daily Ta Nea said Wednesday that Prometheus Gas would be among companies bidding for the DEPA tender.

(Reuters)

From the Web

Dear reader,

Due to the increasing number of users engaging in personal attacks, spam, trolling and abusive comments, we are no longer able to host our forum as a site for constructive and intelligent debate.

It is with regret, therefore, that we have found ourselves forced to suspend the commenting function on our articles.

The Moscow Times remains committed to the principle of public debate and hopes to welcome you to a new, constructive forum in the future.

Regards,

The Moscow Times