"Bazaar" DEPA – Gazprom in the midst of a Greco-Russian crisis



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Negotiations between DEPA and Gazprom for gas, in the decayed area of ​​Greco-Russian relations, are in progress

Euro2day.gr information, the new government of the state-owned company has begun discussions with representatives of the Russian energy giant providing about 60% of the quantities that the Greek market needs through the Greco-Bulgarian pipeline (point of interest). entrance, Sidirokastro). With the agreement that the two companies will end in 2026, the DEPA leaders approached Gazprom early in the year and, in recent months, the problems surrounding the two-year relationship between the two companies. two companies have decreased

According to Euro2day.gr sources, the first debates were opened on the issue of the extension of the contract which expires in eight years . Recall that the Russian company has been supplying quantities to Greece since 1996. At the same time, DEPA, in the recent transaction Gazprom-Gazprom, asked the Russians to sell border quantities in other markets. . The company's contacts with the energy giant's representatives are expected to increase, according to reports, as the discussion frame seems to have been found.

Pressures on Poseidon

According to Euro2day.gr sources, the negative climate of recent days in the diplomatic relations between Greece and Russia has not yet been considered to affect the talks DEPA – Gazprom. In addition, the two companies, along with the Italian company Edison, are also promoting the Poseidon gas pipeline investment project, which will be the continuation of Turkish Stream and aims to transfer amounts of 12 to 15 billion cubic meters to neighboring Italy. For the construction of the pipeline, Italy has a great interest in seeking an alternative gas pipeline to Gazprom, beyond the gas pipeline that arrives at its northern border and pbades through Ukraine

(19459003), as a liquefied natural gas regasification floating station (FSRU), opened in Alexandroupolis. Disappointment for the promotion of energy projects supported by Washington . According to the same information, Athens reminded the DEPA – Edison – Gazprom Memorandum of Understanding in 2017 to implement the Poseidon pipeline

DEPA and Edison, declare that they are determined to launch the pipeline that will start with them Gardens of Evros and will end in Otranto, Italy. This is also apparent from their efforts, which began in early June, which required the approval of the competent European and regulatory authorities

When Gazprom sells

DEPA buys gas from Gazprom in the amounts of the gas. order of 2 billion cubic meters per year. The energy giant also sells an additional 1 billion cubic meters to the Copelouzos group, while the amount recently granted to provide "Mytilene" is much lower.

According to DESFA figures in 2017 by the national gas system (Sidirokastro, Kifis, Revythoussa), 4.6 billion cubic meters were transported. It was a record year of high demand in the domestic market

Natural gas imports, according to DESFA, in 2017 accounted for 58.76% of the Greek-Bulgarian border (against 64.82% in 2016), 12, 39% of the Greek-Turkish border (against 15.83% in 2016) and the remaining 28.85% of LNG by Revythousa (against 19.35% in 2016). At this point, it should be noted that DEPA, in addition to its supply contract with Gazprom, also has Turkish Botas (Greek-Turkish gas pipeline) and Sonatrach, Algeria, for the supply of liquefied natural gas (LNG).

balances

Sources report that the prices of quantities imported into Greece from Russia are among the lowest in the EU On the other hand, the construction of the gas pipeline TAP, from which DEPA has agreed with its shareholders to also acquire 1 billion cubic meters when it will operate after 2020, creates a competitive price basket for the state-owned company.

However, as Moscow and Gazprom have shown in the past, when they see that their interests are not served, they respond by their resignation . And the reason for the prior privatization of DEPA while Gazprom did not come forward for a firm offer, but also for the major investment projects of the Burgas-Alexandroupolis pipeline and the gas pipeline network South Stream. The Russians simply abandoned them when they saw the Balkan countries involved discovering obstacles to their implementation

                                    
                                    
                                

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