DEPA should not be confused with Digital Economy Partnership Agreement.
| DEPA | |
| Native Name: | ΔΕΠΑ ΕΜΠΟΡΙΑΣ Α.Ε. |
| Native Name Lang: | el |
| Romanized Name: | Dimósia Epicheírisi Aeríou (DEPA) A.E. |
| Type: | state-owned enterprise |
| Foundation: | 1988 |
| Location City: | Irakleio, Athens |
| Location Country: | Greece |
| Key People: | Ioannis Papadopoulos (Chairman) Konstantinos Xifaras (CEO) (2019) |
| Area Served: | Southeast Europe |
| Industry: | Natural gas |
| Products: | Natural gas |
| Revenue: | €1.696 million |
| Revenue Year: | 2021 |
| Operating Income: | €332 million |
| Income Year: | 2021 |
| Net Income: | €262 million |
| Net Income Year: | 2021 |
| Assets: | €1.069 billion |
| Assets Year: | 2021 |
| Equity: | €639 billion |
| Equity Year: | 2021 |
| Footnotes: | in consolidated financial statement[1] |
Public Gas Corporation of Greece A.E.[1] (DEPA; el|Δημόσια Επιχείρηση Αερίου (ΔΕΠΑ) Α.Ε.) commonly known for its Greek abbreviation DEPA[2] (el|ΔΕΠΑ|translit=DEPA) is the natural gas supply company of Greece.[3] The registered office of the company is based in Irakleio, Athens.[4] It operates within the jurisdiction of the Ministry of Development. The chairman is Ioannis Papadopoulos, and Konstantinos Xifaras is CEO.[5] In 2005, in order to liberalise the natural gas market, DESFA was created as a fully owned subsidiary to transport natural gas within Greece.[6] Since then, DEPA sells gas to large consumers and to the gas supply companies. Natural gas is imported by pipelines from Bulgaria and Turkey and by liquefied natural gas at the Revithoussa LNG Terminal.[7]
In May 2018 it was announced to sell DEPA's subsidiaries in Thessaly and Thessaloniki to Italian company Eni.[2] It was reported that DEPA would only keep the gas operations in Attica area.[2]
In 2019, the privatization of DEPA was approved by the Greek Government,[8] [9] and the company was split into three separate entities: DEPA Infrastructure, DEPA International Projects and DEPA Commercial.
DEPA was split in 2019 into three separate entities:
The HRADF, which before the split owned 65% of DEPA shares (the remaining 35% belonging to Hellenic Petroleum), will proceed with the privatisation of only DEPA Infrastructure and DEPA Commercial (HRADF holds 65% of each company's shares, with 35% of the remaining shares in each company being held by Hellenic Petroleum). The only exception is DEPA International Projects, where the HRADF will transfer its 65% shareholding to the Greek State.
On 10 December 2021, Italgas signed the sale and purchase agreement for the acquisition of 100% of DEPA Infrastructure.[10]