CASPIAN 

Socar Confirms Interest in DEPA Privatization

Rovnag Abdullayev, President of Azeri state firm Socar, confirmed at a press conference in Baku on 15 July his company’s interest in the privatization of Greek natural gas utility DEPA, which owns 50% of the IGI/Poseidon project. “If it is profitable both economically and commercially, we can take part in DEPA’s privatization,” said Mr Abdullayev. “Yesterday I met the head of DEPA, who said that the...