The company that will operate commercially the gas interconnector with Greece is introducing a two-tier management model – a key requirement for certification received from the two national energy regulators to take effect.
Secondary activities are ongoing – they will be divided into stages according to their relevance for the start of commercial operation of the IGB pipeline; the Greek EPC contractor AVAX has submitted to ICGB the end of August as a deadline for finalizing all activities planned for stage 1.
The project company received a license for Independent Natural Gas System (INGS) for 50 years for the territory of Greece. Similar permit is already issued for the territory of Bulgaria for the maximum period of 35 years.