The Vertical Corridor Initiative has entered a new phase with its expansion towards the Western Balkans. Natural gas transmission operators participating in the initiative convened in Athens on Friday, 10 July, for a working session that, for the first time, included the participation of operators from Serbia and North Macedonia, marking an important milestone in the further development of regional energy connectivity.
The meeting brought together eleven transmission system operators from across the region: DESFA, Gastrade, ICGB, Bulgartransgaz, Transgaz, Vestmoldtransgaz, FGSZ, EUSTREAM, GTSOU, NOMAGAS, and Transportgas Srbija. The companies were represented by their Chief Executive Officers and senior management representatives.
The discussions focused on the practical steps required to extend the Vertical Corridor, including the assessment of available system capacities, interconnection points, required infrastructure investments, and implementation timelines. The participants agreed to establish a joint technical and commercial working group, tasked with coordinating the technical evaluation of the expansion and preparing the extension of the existing Memorandum of Understanding, thereby supporting the transition of the initiative from the planning stage towards implementation.