Qatar companies quit Greek energy project

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By Kerin Hope in Athens

Published: October 20 2010 12:10 | Last updated: October 20 2010 12:10

Two companies from the Gulf state of Qatar are pulling out of a €3.5bn energy project in Greece, dealing a blow to the government’s hopes of attracting foreign investment to pull the country out of recession.

Qatar Petroleum International and Qatar Electricity and Water, both state-owned, said they were no longer interested in the project, a Greek government official said on Wednesday.

EDITOR’S CHOICEIn depth: Greek debt crisis - Jul-15Athens seeks $7bn investment from Qatar - Sep-23Insight: Greek discipline paying off - Oct-12EFG Eurobank raises €300m on interbank market - Oct-18

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