Gazprom offers EUR 1.9 billion for Greece's gas company DEPA, according to Russian Athens referring to the IMERISIA (Greece).
Today, Greece owns two-thirds of DEPA shares, the remaining shares belonging to Hellenic Petroleum, a large gas supplier inside the country.
The sale of DEPA and DESFA is deemed to be the flagship transaction of the EUR 15 billion program of disposals intended to reduce Greece's debt pile by about 7 percentage points of national output.
Along with Gazprom, OJSC Negusneft (part of Sintez Group) and the State Oil Company of Azerbaijan Republic (SOCAR) participate in the DEPA / DESFA acquisition tender.
Gazprom (tax number: 7736050003) is the world's biggest gas company. Its authorized capital is RUB 118.367 billion represented by 23,673,512,900 common shares at par value of 5 rubles. The Russian Federation is Gazprom's controlling shareholder. In 2012, Gazprom reduced gas production by 5.1% to 482.251 billion cubic meters.
Net profit (IFRS) of OJSC Gazprom for H1 2012 decreased by 33% year-on-year to RUB 525.526 billion from RUB 785.202 billion the year before. The group's revenue decreased by 5% to RUB 2.23 trillion. In particular, net revenue from gas sales decreased by 15% to RUB 1.245 trillion. Net revenue from gas sales to Europe and other countries decreased by 1% to RUB 731.316 billion. This change was primarily due to the decreasing gas sales by 10% or 8.7 bcm, which was partially compensated by the increase of average realized prices.
According to the information and retrieval system DataCapital, net profit (RAS) of OJSC Gazprom for 9 months 2012 decreased by 7.6% to RUB 510.249 billion from RUB 552.814 billion for 9 montsh 2011. Revenue increased by 3.9% to RUB 2.632 trillion from RUB 2.534 trillion. In particular, gas sales revenue amounted to RUB 2.021 trillion against RUB 2.013 trillion for 9 months 2011.