SOCAR may take part in Greek company privatization

Baku, July 15 (AZERTAC). “If it is profitable both economically and commercially, we can take part in DEPA privatization”, SOCAR President Rovnag Abdullayev said.

“Yesterday, I was meeting the president of Greek DEPA, where he said that the Greek company is open to privatization”, Abdullayev told reporters.

He said SOCAR is ready to consider this issue. “If it is profitable both economically and commercially, we can take part in DEPA privatization”, Abdullayev said.

Earlier, chief of the SOCAR investment department Vagif Aliyev said that SOCAR as a potential exporter of natural gas, is interested in purchasing the state share in Greek gas company DEPA.

“We are studying this issue now. But not the whole share belongs to the state in DEPA, it also has other participants. But I can say that the main share belongs to the state”, Aliyev said.