Bloomberg: Greece’s Depa May Buy Stake in TAP Pipeline Group, Imerisia Says

Depa SA, a Greek state-controlled natural gas supplier, may buy a stake of as much as 15 percent in the Trans-Adriatic Pipeline venture, Imerisia reported, citing unidentified people in the Greek Energy Ministry. 

Depa is a backer of another pipeline project for transporting gas to Europe, the Interconnector Turkey-Greece- Italy, use of which was ruled out yesterday by companies developing the second phase of the Shah Deniz gas field in Azerbaijan, the Athens-based newspaper cited its informants as saying.  MORE