April 6, 2022 5:30 p.m. (UTC+04:00)
By Ayya Lmahamad
The construction of the Greece-Bulgaria Gas Interconnector (IGB), which will supply natural gas from Azerbaijan to Bulgaria, has been 90-95% complete, Day.az reported, citing Greek media.
George Tasakos, Head of Education and Networks Department of AVAX, the contractor for the IGB design, supply and construction contract, said the construction of the pipeline will be completed on time.
He noted that gas deliveries from Greece to Bulgaria via this pipeline will start in early July.
Earlier, Bulgarian Energy Minister Alexander Nikolov said that the construction of the gas interconnector with Greece should be completed by July 1, after which the country will be able to rely on Azerbaijani gas supply .
Azerbaijan and Bulgaria have agreed to supply 1 billion cubic meters of gas per year through the Greece-Bulgaria interconnector from 2021. However, as the IGB is still under construction, Azerbaijani gas is delivered to Bulgaria via the Kulata-Sidirokastro interconnection point. Currently, the country receives only a third of this volume.
The IGB (Gas Interconnector Greece-Bulgaria) project is carried out by the ICGB AD joint venture, established in Bulgaria in 2011 and owned by Bulgarian Energy Holding EAD and IGI Poseidon.
The IGB pipeline will be connected to the Greek national gas transmission network at Komotini and the Bulgarian national gas transmission network at Stara Zagora. The planned length of the pipeline is 182 kilometers, with a capacity of up to 3 billion cubic meters per year in the Greece-Bulgaria direction. The pipeline is designed to increase its capacity by up to 5 billion cubic meters per year depending on market interest and the capacities of neighboring gas transmission networks.
A Memorandum of Cooperation has been signed between ICGB AD and TAP AG regarding joint actions regarding the future connection of the IGB Gas Pipeline and the Trans-Adriatic Gas Pipeline.
The IGB project is essential to increase security of supply and diversify the gas supply of Bulgaria and the SEE region.
Ayya Lmahamad is the journalist of AzerNews, follow her on Twitter: @AyyaLmahamad
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