Snam's plans for the future of DESFA

Greek gas grid operator DESFA is of major strategic importance for the broader natural gas market, as its network runs along the Southern Gas Corridor to the heart of the European Union, where most new routes bringing the commodity to central European markets will pass, Marco Alvera tells Kathimerini.

The chief executive of Italy's Snam, which along with Enagas and Fluxys are taking control of DESFA, says the three companies are key players in the Southern Corridor, building new interconnections that will make Europe's supply safer and more competitive. He stresses that the business of gas is a daily exercise in geography.

Snam is the leader of the joint venture that acquired a 66 percent stake in DESFA. What was its motivation?

Snam is a company valued at 25 billion euros, a global leader in the gas infrastructure field, with more than...