Snam

Prime Minister Alexis Tsipras is expected to get directly involved in the privatization of Greece's natural gas grid operator DESFA in the next few days in a bid to end the impasse in the project.

Four families in Albania have submitted complaints to the European Investment Bank, EIB, over the low level of compensation they have been offered from TAP representatives for the displacement of their properties as a result of building the pipeline.

Azerbaijan's state energy company, SOCAR, plans to go ahead with a deal to buy Greek natural gas pipelines operator DESFA, but says that its price should be reduced, SOCAR's president said Sept. 5.

In 2013, SOCAR agreed to buy a 66 percent stake in the crisis-hit gas supply grid operator for 400 million euros ($446.3 million).

The European Commission has long wanted the continent’s power grids to work in unison for reasons of efficiency and supply security, so far to little avail, but a regional power network could soon be a reality, courtesy of State Grid Corporation of China.