IGB Pipeline

The independent transmission operator ICGB received approval for the final payment from the grant funding for the implementation of the Greece-Bulgaria interconnector, provided under the Operational Programme "Innovation and Competitiveness" (OPIC). The total funding allocated under OPIC amounts to €39 million. It is disbursed to the pipeline operator in tranches, following thorough inspections at each stage to ensure quality and successful completion of works. This creates an additional level of control and assurance that all implementation and project management activities are carried out in line with the highest industry standards.

Over 10.4 million Mwh have been transported through the Greece-Bulgaria gas interconnector since the launch of the pipeline on October 1, 2022. The amount equals to 892 million cubic meters and covers the period from the beginning of October to the end of April. As of the end of April, IGB has a total of 16 registered users.

3.08 million megawatt hours were transported through the Greece-Bulgaria gas interconnector for the period January 1 - February 28, 2023. Since the gas pipeline was put into commercial operation on October 1, 2022, a total of 7.9 million megawatt hours have been transported through it. As of the end of February, IGB has a total of 15 registered users.