Support The Moscow Times!
Contribute today

Sintez Eyes Foreign Partner

By The Moscow Times

Sintez Group is considering bringing a foreign partner into its bid to buy Greek gas utility DEPA and its gas distribution subsidiary DESFA in order to allay concerns over excessive Russian control over Greece's energy market, Sintez chief Andrey Korolev said in an interview with The Wall Street Journal.

"The sale of DEPA is a flagship for Greece's European Union-backed privatization drive, aimed at bolstering the country's finances and paying off debt," the WSJ reported. "But the sale comes as the EU is pushing to reduce Russian involvement on Europe's energy markets, and Western officials have raised concerns with Athens over the bids by privately owned Sintez and Russia's state-controlled Gazprom."

(MT)

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue

Read more

literary advisory

Russia Creates Book Censorship Body – Vedomosti

A major publisher has already stopped selling books by U.S. authors James Baldwin and Michael Cunningham, as well as Russian writer Vladimir Sorokin, for...
1 Min read
Feature

10 Years Later, Russian Volunteer Fighters Recall Fueling the War in Donbas

Thousands of Russian citizens joined the armed insurgency in eastern Ukraine that marked the initial phase of Russia's covert invasion.
8 Min read
'May You Live Forever'

Chechen Leader Kadyrov Posts Workout Video After Pancreatitis Report

Citing anonymous sources at the Moscow Central Clinical Hospital where he was allegedly treated, Novaya Gazeta Europe reported that Kadyrov was diagnosed...
2 Min read
radioactive river

Russia's Record Floods Submerge Uranium Mines in Urals – Reports

The incident has raised fears that radioactive and chemical pollution could seep into the Tobol River.
2 Min read