Commercial, Regulatory & Tenders

INVITATION FOR PUBLIC CONSULTATION ON IGB NETWORK CODE

In compliance with the European and national regulatory requirements, ICGB AD invites all interested parties to participate in public consultation on IGB Network Code, attachments to it as well as the Gas Transportation Agreement, which will take place on 31.07.2019, at 10:00 o’clock, Energy and Water Regulatory Commission, bul. „Kniaz Aleksandar Dondukov” № 8-10, floor 4.
The announcement is available on the website on Energy and Water Regulatory Commission http://www.dker.bg/news/376/65/pokana-za-obschestveno-obszhdane.html

Starting from 31.07.2019 for a period of 14 days, all interested parties may submit their opinions on IGB Network Code to the company’s official email: office@icgb.eu

30/07/2019

Invitation for public consultation on IGB Tariff Code

In compliance with the European and national regulatory requirements, ICGB AD invites all interested parties to participate in public consultation on IGB Tariff Code, which will take place on 08.05.2019, at 10:00 o’clock at the Energy and Water Regulatory Commission, bul. „Kniaz Aleksandar Dondukov” № 8-10, floor 4.

The announcement is available on the website on Energy and Water Regulatory Commission here.

PDF: Tariff Code for IGB

19/04/2019

Project Development

In 2013 EIA (Environmental impact assessment) approval procedures in the two countries were completed with the issuance of positive decisions by the competent authorities in Bulgarian and Greek territory. In the 2014-2015 period the engineering of the pipeline route for construction and relevant approval procedures in the two territories were finalized, while the DSP-parcelling plan of the pipeline in the Bulgarian territory came into force.

In the period 2015-2017, the procedure for establishing property rights for the Bulgarian section of the pipeline for all affected approximately 3800 landed properties was successfully completed. On the basis of the completed expropriation procedures the permitting procedures for obtaining the construction permit on the Bulgarian territory were started. The Ministry of Regional Development and Public Works issued the construction permit for the Bulgarian section on 12.09.2017, following the expiry of the  time limit for appeals, the same entered into force on 04.10.2017.

Pursuant to the Greek legislation the construction permit for the Greek territory can be received once the pipeline obtains a license for a transmission system operator, which will happen after the decision for exemption from the rules for tariff, ownership and access to third parties pursuant to Article 36 from Directive 2009/73/EC is taken. At the end of 2018, the company has submitted all necessary documents, with the construction permit for the Greek territory which was issued on 7 February 2019.

Procedure for exemption from the obligation to provide regulated third party access and ownership unbundling according to article 36 of the European Gas Directive 2009/73/EC.

As a result of the successfully completed Market Test and reserved 1,57 bcm/y ICGB signed Advanced Reservation Capacity Agreements (ARCAs) with the participants in the binding phase of the Market Test.

Based on the signed in July 2017 agreements, the Project Company submitted and exemption application from the rules of art. 36 of Directive 2009/73/EC to the national regulatory authorities of Republic of Greece and Republic of Bulgaria.
As a result of the consultations held with the regulators in March 2018 the Project Company submitted addendum to the application.

The decision of the Regulators on the exemption procedure was taken in May 2018 which was sent for approval to the EC and on 25.07.2018 the formal decision by the Committee was announced.

As a result of the adopted on 08.08.2018 by the EC decision the regulatory authorities of Greece and Bulgaria formally adopted a joint exemption decision of the IGB Project.

The decision taken confirms the measures requested by the project company in the application filed, in particular:

  •  Exemption from the rules for third-party access for the capacity booked under the Market test completed;
  •  Exemption from regulated tariff for all the gas pipeline capacity for a period of 25 years.
  •  Exemption from ownership unbundling for a period of 25 years.

The award of the exemption decision establishes the regulatory framework of the pipeline. In view of the decision taken, the project company can proceed to the following activities:

  •  Obtaining the construction permit for the Greek section of the pipeline. The permit is issued on 7 February 2019.
  •  Preparation of the Gas Transportation Agreements with the shippers, reserved capacity for the pipeline. (currently there are advanced agreements).
  •  Submission of an application for certification as an independent transmission operator in the Republic of Greece.

In view of the decision taken the Project company has submitted to the Regulators for approval the Tariff and the Network Code for the pipeline.

Public Procurement Procedures

ICGB AD is a sector contracting authority pursuant to the provisions of the Public Procurement Act (PPA). Due to this capacity all contracts for awarding activities related to engineering, construction, procurement and commissioning shall be awarded through the procedures stipulated in this act.

Selection of Owners’ Engineer – Awarded on 15.03.2019 to Consortium TIBEI.

Manufacture and supply of line pipes – ongoing technical evaluation. Expected in April 2019

Design, procurement and construction – Phase 2 – submission of offers by the preselected participants. The selection is expected in May 2019.

Archeological research along the pipeline route on Bulgarian territory – awarded to NAIM-BAS on 6 August 2018.

Construction supervision for the Bulgarian section – preselection. Expected in April 2019.

 

5 August 2016

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.

The Market Test is conducted in two phases: the Expression of Interest Phase that was concluded by April 8th 2016 and the Bidding Phase that starts today.

The Bidding Phase Guidelines have been approved by the relevant National Regulatory Authorities, namely  EWRC of Bulgaria with Decision No.У-3 of 21 July 2016 and RAE of Greece with Decision No. 255/2016 of 28 July 2016 .

The Expression of Interest Participants  and TSOs will be directly informed, provided with the relevant documents and invited to participate in the Bidding Phase in accordance with art. 3 of the Bidding Phase Guidelines.

Read more

 

27 April 2016

Nine non-binding Expressions of Interest received by ICGB AD – the company in charge of realizing the Gas Interconnector Greece-Bulgaria

Nine non-binding Expressions of Interest were received by ICGB AD – the company in charge of realizing the Gas Interconnector Greece-Bulgaria (IGB). A total aggregate capacity of 4.3 bcm/y was requested for gas transportation services in firm forward mode from Greece to Bulgaria and approximately 1 bcm/y was requested for gas transportation services in firm reverse mode from Bulgaria to Greece during the Expressions of Interest Phase.

The ICGB AD Company, being in charge of realizing the Gas Interconnector Greece-Bulgaria - IGB, announces the completion of the Expression of Interest (EoI) Phase of the Market Test, which is conducted for the purpose of booking capacity in the pipeline.

The deadline of the Expression of Interest Phase expired on April 8th 2016, in accordance with previous deadline extensions approved by the National Regulatory Authorities of Bulgaria and Greece, EWRC and RAE respectively.

The EoI Phase was launched on December the 14th 2015. The EoI Phase has been conducted on the basis of Guidelines and EoI Notice jointly issued by EWRC and RAE, pursuant to Paragraph 6 of article 36 of Directive 2009/73/EC.

“The satisfactory outcome of the EoI Phase is a successful step for ICGB and the development of the IGB Project as part of the envisaged evolution of the Bulgarian, South East and Central European gas markets towards alternative sources and routes of gas supply ensured through the provision of gas transportation services in a vertical direction from the Southern Gas Corridor. The availability of IGB’s capacity will furthermore provide a reliable route for LNG imports into the region through the existing and planned LNG re-gasification capacities in Greece”, Teodora Georgieva and Konstantinos Karayannakos, Executive Officers of ICGB AD, commented.

The Market Test will enter into a 2nd binding Bidding Phase further to instruction and approval of the National Regulatory Authorities of Bulgaria and Greece. The Bidding Phase will provide a process to confirm what will be the actual level of booked capacity on a contractual basis.

 

31 March 2016

Important Note: The deadline by which Expressions of Interest in the IGB Market Test should be submitted to be considered valid is hereby extended from 31 March 2016 to 8 April 2016.

The extension of the Expressions of Interest deadline is made following a relative consultation and coordination with the Energy and Water Regulatory Commission (Bulgaria) and the Regulatory Authority for Energy (Greece).

With the exception of the Expressions of Interest deadline, all other terms and conditions in the Market Test documentation published hereby remain in force.

 

14 December 2015

The company ICGB AD (ICGB) is in charge of developing, constructing and operating the Interconnector Greece- Bulgaria gas pipeline (IGB). ICGB has applied to the regulatory authorities of Bulgaria (EWRC) and Greece (RAE) for an exemption from certain provisions of EU Directive 2009/73/EC in accordance with art.36 therein.

ICGB is launching a Market Test procedure as per “Updated Guidelines for management and allocation of capacity on the IGB INTERCONNECTOR according to paragraph 6 of article 36 of Directive 2009/73/EC” (UPDATED GUIDELINES), jointly issued by  EWRC and RAE.

All Interested Shippers and TSOs are being invited to express interest in using IGB gas transportation services.  The interest of other Transmission System Operators to interconnect their systems with the IGB Pipeline is also being invited. The Market Test is divided into two phases: 1. Expression of Interest Phase (on a non-binding basis); 2. Bidding Phase (on a binding basis).

Participation in the Expression of Interest Phase is a prerequisite for subsequent participation in the Bidding Phase. The Expression of Interest Phase, where interested parties are invited to present non-binding expressions of interest, starts with the publication of the Expression of Interest Notice.

All terms and conditions for participation in the Expression of Interest Phase, and subsequent steps, are contained in the Expression of Interest Notice. The Expression of Interest Phase is being conducted in the English language.

  1. Expression of Interest Notice
  2. Updated Guidelines
  3. Exhibit II
  4. Exhibit III
  5. Questions & Answers

 

11 April 2014

Notice

In connection with upcoming procedures pursuant to Bulgarian legislation for approval of an investment project and issuing a construction permit and due to a terminated previous tender procedure, the joint investment company ICGB AD announces a tender procedure for the selection of a contractor for ‘Acquisition of real rights over the properties for the sites of the gas pipeline and establishing right of way for the linear section and ancillary infrastructure for the Bulgarian section of Interconnector Greece-Bulgaria project’.

The joint investment company ICGB AD is responsible for financing the engineering and construction of Greece-Bulgaria Interconnector (IGB project) and is to be owner of the facility. Shareholders with equal shares in the company are Bulgarian Energy Holding EAD and IGI Poseidon S.A.

The complete documentation for participation in the said tender for selection of a contractor as well as all conditions, including deadlines for application are available at the following web addresses:

www.icgb.eu (section – Commercial, regulatory and tender procedures)
www.bgenh.com (section – Announcements / Procedures)

File 1

File 2

File 3

File 4

File 5

File 6

File 7

File 8

File 9

File 10

File 11

Questions and answers_1

 

05 February 2014

Notice

In connection with upcoming procedures pursuant to Bulgarian legislation for approval of an investment project and issuing a construction permit, the joint investment company ICGB AD announces a tender procedure for the selection of a contractor for ‘Acquisition of real rights over the properties for the sites of the gas pipeline and establishing right of way for the linear section and ancillary infrastructure for the Bulgarian section of Interconnector Greece-Bulgaria project’.

The joint investment company ICGB AD is responsible for financing the engineering and construction of Greece-Bulgaria Interconnector (IGB project) and is to be owner of the facility. Shareholders with equal shares in the company are Bulgarian Energy Holding EAD and IGI Poseidon S.A.

The complete documentation for participation in the said tender for selection of a contractor as well as all conditions, including deadlines for application are available at the following web addresses:

www.icgb.eu (section – Commercial, regulatory and tender procedures)

www.bgenh.com (section – Announcements / Procedures)

Deadline for submission of applications - 17:00 h, on 27th February 2014.

Appendix 1, Appendix 1А, Appendix 2, Appendix 2А, Appendix 3, Appendix 4, Appendix 5, Appendix 6, Appendix 7, Appendix 8, Appendix 9

Questions and answers

Questions and answers 2

Questions and answers 3

Questions and answers4

Questions and answers 5