IGB Pipeline

Natural Gas Interconnector Greece-Bulgaria

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Final Investment Decision taken

On 10 December 2015 the Shareholders in ICGB AD, respectively Bulgarian Energy Holding EAD with 50% and IGI Poseidon with 50%, concluded the procedure for taking the Final Investment Decision (FID) in relation to constructing the IGB Pipeline (Gas Interconnector Greece-Bulgaria).

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ICGB Market Test: 2nd Bidding Phase Launch

ICGB AD, project company developing the Gas Interconnector Greece-Bulgaria (IGB), equally controlled by IGI Poseidon SA of Greece and Bulgarian Energy Holding EAD of Bulgaria,  announces the launch of the 2nd Bidding Phase of the IGB Market Test through the publication of the relevant Bidding Phase  Guidelines.

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ESIA Due Diligence

The IGB Project is currently undergoing an Environmental and Social Due Diligence according to the standards of the European Bank for Reconstruction and Development (EBRD), pursuant to a Mandate Letter signed between the Bank and ICGB AD in October 2012.

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