DESFA operates the high-pressure pipeline grid and a LNG terminal in Greece

17 July 2018
163 Views

The European Commission said on July 16 that the EC has approved, under the EU Merger Regulation, the acquisition of DESFA of Greece by Snam of Italy. DESFA operates the high-pressure pipeline grid and a liquefied natural gas (LNG) terminal in Greece. Snam is the main gas transmission system operator in Italy.

According to the Commission, the proposed acquisition would raise no competition concerns, because the companies are not active in the same geographic area.

The transaction was examined under the normal merger review procedure, the Commission said.

You may be interested

Plaka: Around the district of “Gods”
GREECE
shares560 views
GREECE
shares560 views

Plaka: Around the district of “Gods”

Panos - Oct 18, 2018

It is the oldest district in Athens (it is also mentioned as “Gods’ district”) with outstanding scenery. The moment you…

Things to do with kids in Greece: Athens and the Greek Islands
GREECE
shares591 views
GREECE
shares591 views

Things to do with kids in Greece: Athens and the Greek Islands

Panos - Oct 18, 2018

With a rich history about one of the greatest civilizations on earth and a Mediterranean coast that draws attention to…

ND leader Mitsotakis accuses PM Tsipras of “weakness” after resignation of Foreign Minister Kotzias
GREECE
shares13 views
GREECE
shares13 views

ND leader Mitsotakis accuses PM Tsipras of “weakness” after resignation of Foreign Minister Kotzias

Panos - Oct 18, 2018

The President of Greece’s major opposition party New Democracy (ND), Kyriakos Mitsotakis weighed in on the resignation of Foreign Minister…

Leave a Comment

Your email address will not be published.