The subsequent stage of the market check to extend IGB capability has begun – 2024-05-26 21:54:09

by times news cr

2024-05-26 21:54:09

The necessary stage of the market check to extend the capability of the Greece-Bulgaria Interconnector (IGB) has begun.

As Day.Az stories, the ICGB firm, which is the pipeline operator, instructed Development about this on Monday.

As a part of the Vertical Gasoline Hall initiative, which brings collectively transmission system operators from Greece, Bulgaria, Romania, Hungary, Ukraine, Moldova and Slovakia, ICGB’s efforts are targeted on offering capability growth alternatives for pure fuel provides to Central and South-Jap Europe, in addition to Ukraine and Moldova.

Presently, the interconnector’s throughput capability is 3 billion cubic meters per yr, and after the profitable completion of the related process, it may be elevated to five billion cubic meters per yr.

The ICGB invitations all events to submit their registration paperwork by June 24, 2024, and proposals from July 2 to July 12, 2024. All subsequent phases of the binding part will proceed within the following months, with outcomes anticipated in September 2024.

Word that the Greece-Bulgaria interconnector started business deliveries on October 1, 2022.

The contract quantity of fuel provides to Bulgaria through this interconnector is 1 billion cubic meters per yr. The overall capability of IGB is 3 billion cubic meters, expandable to five billion cubic meters per yr.

Growing the capability of the Greece-Bulgaria interconnector over 5 billion cubic meters of fuel is feasible by the development of an extra fuel pipeline.

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