DESFA

National Natural Gas System Operator S.A.
DESFA
Public
Industry Oil and gas
Founded 30 March 2007 (2007-03-30)
Headquarters Chalandri, Athens, Greece
Key people
Antonios Natsikas (Chairman)
Products Gas
Services Natural Gas Transmission
Revenue Decrease189.27 million (2014)
Decrease32.88 million (2014)
Profit Decrease19.83 million (2014)
Total assets Increase1.306 billion (2014)
Total equity Decrease655.70 million (2014)
Owner DEPA (100%)[1]
Number of employees
258 (2014)
Website www.desfa.gr

DESFA (National Natural Gas System Operator S.A.) is a natural gas transmission system operator in Greece. It was established on 30 March 2007 as a subsidiary of DEPA. In addition to the transmission system, the company operates also the Greece's gas distribution networks, and the Revithoussa LNG Terminal.[2]

On 11 June 2013, Azerbaijani oil company SOCAR won the tender for acquisition of a 66% stake of DESFA for €400 million.[2] Following Greece's January 2015 legislative election, the offered share was reduced to 49%. The deal was expected to be concluded by August 2015[3]

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