21884
Greece Seeks Alternatives to Privatizing Grid Unit
Energy

Greece Seeks Alternatives to Privatizing Grid Unit

Greece will look to alternatives to privatizing its power grid operator ADMIE as part of a new bailout deal with its lenders, Energy Minister Panos Skourletis said. "We will follow the path of alternative, equivalent measures, as has been the case in other European countries," Skourletis, who took over as energy minister following a reshuffle last week, was quoted by Reuters as saying. As part of measures Greece agreed with its creditors to start talks on a new bailout deal, Athens has committed to selling ADMIE unless replacement measures that would also open up competition in the market can be found. ADMIE was one of a series of privatizations the leftist government of Alexis Tsipras halted after it came to power in January.

Short URL : http://goo.gl/EcdLEp

You can also read ...

Iran is pushing ahead with plans to build several LNG production and export facilities.
Despite years of speculations and no action, Iran continues to...
Saudi Arabia's Falih Calls for Crude Supply Cooperation
Saudi Oil Minister Khalid al-Falih made a high profile visit...
NIGC Assures Stable Energy Supply in Winter
In line with efforts to ensure energy supply during the cold...
Shipping delays and quality concerns are jeopardizing Venezuela’s crude sales.
Venezuela's state-run petroleum firm PDVSA has been barred...
Iraq Raising Crude Exports to Make Up for Kirkuk Shortfall
Iraq said it was increasing oil exports on Saturday from the...
The possibility that OPEC will extend the cuts points to a more optimistic view of the industry.
Schlumberger reported on Friday a higher net profit for the...
Iran's Heavy Crude Price Ticks Up
Iran's crude oil price movements were limited in the week to...

Trending

Googleplus