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 Decrease€189.27 million (2014)
Decrease€32.88 million (2014)
Profit Decrease€19.83 million (2014)
Total assets Increase€1.306 billion (2014)
Total equity Decrease€655.70 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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