## 2024-08-09 04:03:52
IGB operator on reasons for delay in launch of Komotini-DESFA”/>
The commissioning of the floating storage and regasification unit (FSRU) in Alexandroupoli has been delayed, directly impacting the planned launch of the Komotini-DESFA junction point.
ICGB, the operator of the Greece-Bulgaria interconnector (IGB), confirmed the delay in response to a request from Trend.
The commercial operation of the Komotini-DESFA connection point, originally scheduled for 1 July 2024, has been postponed.
“The physical connection of the two systems at the interconnection point has already been completed, although commercial operation has not yet commenced. The successful start of commercial operation of the Alexandroupoli FSRU is crucial for the commissioning of Komotini-DESFA, as it will enable the physical transfer of gas through the Greek DESFA transmission system to IGB. The ongoing delay in commissioning the facility directly impacts the start of operation of the interconnection point. We look forward to the start of the FSRU and will work diligently to ensure the earliest possible launch of Komotini-DESFA operations,” the company stated.
The Komotini-DESFA interconnection point plays a key role in the IGB, directly connecting the interconnector system with the Greek national operator’s system.
“This line provides access to alternative sources of natural gas, including planned and existing liquefied natural gas (LNG) terminals on Greek territory, thereby enhancing the regional importance of the interconnector. In particular, the strategic synergy between IGB and the FSRU in Alexandroupoli is significant, as the launch of the terminal is expected to facilitate the physical flow of gas from Greece to Bulgaria, further enhancing energy security and diversifying natural gas supplies to Bulgaria and the wider region,” the company said.
ICGB expressed hope that the start of commercial operations of the LNG terminal will attract greater market interest, providing more opportunities for new players to book capacity.
The total capacity of IGB is 3 billion cubic meters per year, with about one billion cubic meters reserved on a long-term basis under 25-year contracts for gas supply from Azerbaijan. The pipeline provides more than 50 percent of Bulgaria’s domestic gas consumption in the winter months and up to 80 percent in the summer season.
ICGB is currently assessing market interest in increasing the total capacity to 5 billion cubic meters per year. This would further strengthen the transit role of Bulgaria and Greece.