Greece Ready to Cooperate With Russia on Power Units Construction

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Emmanouel Panagiotakis, the chief executive officer of Public Power Corporation, the biggest electric power company in Greece, said that Russian technology is very good, Russian specialists know how to make important components of power units.

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ST. PETERSBURG (Sputnik), Anna Liatsou — Greek companies are ready to cooperate with Russia in the areas of power units construction and gas imports, the chief executive officer of Public Power Corporation, the biggest electric power company in Greece, told Sputnik Thursday.

"In the past, many generators-station units were constructed by the Soviet Union – Russia. We had three power units made by Russia. Now we do not have any cooperation, but I think that in the future perhaps we will have such cooperation, maybe in the field of buying gas, and perhaps in the field of construction of power units," Emmanouel Panagiotakis told Sputnik.

Panagiotakis also expressed appreciation for Russia's high-profile expertise and vast experience in the construction of power plants.

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"I think Russian technology is very good, they know how to make important components of power units; if they are open to collaborating with other companies they could take part in constructing new power plants [in Greece]," Panagiotakis evaluated.

Panagiotakis' statement was made on the opening day of the St. Petersburg International Economic Forum (SPIEF), where, among other issues, Russia's economic and energy cooperation with Greece was discussed.

Following the first day of the forum, Russian Energy Minister Alexander Novak said that Moscow and Athens are expected to sign an agreement on the construction of the extension of the Turkish Stream pipeline to Greece during the forum.

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