DESFA, the National Natural Gas System Operator, on Monday announced it has reached an agreement with TAP over the maintenance work of the natural gas pipeline in Greece.

The signing of the agreement is expected to be held in May. The agreement is expected to significantly boost DESFA's revenue from non-regulated services and to create more job positions.

Sotiris Nikas, chairman and CEO of DESFA, commenting on the agreement said: "With this deal, DESFA takes over the maintenance of the largest part of one of the top 10 projects in the world at this point. It is a decisive step which awards the know-how of the operator, showing the road to expand its activities beyond the management of the National Gas System".