ICGB receives the final payment under OPIC for the construction of the interconnector Greece-Bulgaria
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 IGB gas pipeline since its launch
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.
Over 3 million megawatt hours were transported through IGB since the beginning of the year
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.
ICGB reached an agreement with the Greece-Bulgaria gas pipeline EPC contractor avoiding future litigation issues
The Liquidated Damages due to the delay in the IGB construction have been recognized and will be deducted from indexation payments of part of the construction and installation activities of the project due to the rise in inflation.
Independent transmission operator ICGB renewed its participation in the Memorandum of Understanding on the implementation of the Vertical Gas Corridor
Representatives of ICGB AD (Bulgaria), Bulgartransgaz EAD (Bulgaria), DESFA S.A. (Greece), Gastrade S.A. (Greece), FGSZ LTD (Hungary), and SNTGN TRANSGAZ S.A. (Romania) signed the renewal of the Memorandum of Understanding on the implementation of the Vertical Gas Corridor. The event took place in Athens, Greece.
ICGB’s management met with Bulgarian regional minister arch. Shishkov and representatives of the construction company AVAX regarding the finishing works on the IGB pipeline
The finishing works on the gas interconnector Greece - Bulgaria is in the implementation process. ICGB expects them to be realized within the timeline declared by the EPC contractor and in accordance with all the requirements of the technical project.
Ο Διασυνδετήριος Αγωγός Φυσικού Αερίου Ελλάδας-Βουλγαρίας συγχρηματοδοτείται από το Ταμείο Ανάκαμψης του
Προγράμματος Ενέργειας της Ευρωπαικής Ένωσης.
Η αποκλειστική ευθύνη αυτής της δημοσίευσης ανήκει στον συγγραφέα.
Η Ευρωπαϊκή Ένωση δεν ευθύνεται για οποιαδήποτε χρήση των πληροφοριών που εμπεριέχονται σε αυτήν.