Co-financed by the Europen Union, Europen Energy Programme for Recovery European Regional Development Fund Operational Program Innovation and Competitiveness

IGB Pipeline

Natural Gas Interconnector Greece-Bulgaria

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Line pipe production and delivery for the IGB pipeline almost completed despite the pandemic

Line pipe production and delivery for the IGB pipeline will be completed in the next few weeks according to schedule and despite the unexpected setbacks the global pandemic has caused, announced Teodora Georgieva, Executive Officer of ICGB AD.

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ICGB November 2020

ICGB utilizes first EUR 30 million in EIB loan for the realization of the Gas Interconnector Greece-Bulgaria

The project company ICGB which is responsible for the implementation of the Greece-Bulgaria gas interconnector, has successfully utilized the first tranche of the loan financing from the European Investment Bank (EIB). The total value of EIB financing for the purposes of the project amounts to EUR 110 million, which is secured by a guarantee from the Bulgarian state.

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