DEPA has Funds to Pay for Deliveries

DEPA has Funds to Pay for Deliveries
energia.gr
Πεμ, 21 Ιουνίου 2012 - 17:15
Greece's natural gas firm DEPA has secured 100 million euros ($126.8 million) in bank loans to pay for deliveries until the end of August, a company official said.
Greece's natural gas firm DEPA has secured 100 million euros ($126.8 million) in bank loans to pay for deliveries until the end of August, a company official said.
"The money was cashed in earlier today. It gives us a breather to pay for July and August deliveries," the official said to Reuters on condition of anonymity.
The loans was made by the Loans and Consignment Fund, a small state-owned lender. DEPA's main natural gas provider is Russia's Gazprom.

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