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.
ICGB AD will organize and conduct an auction for the natural gas purchase for technical needs on October 27, 2022
In relation to the purchase of natural gas for the technological needs of the Greece-Bulgaria interconnector, ICGB AD will organize and conduct an auction for the purchase of the required quantities on the GAZ HUB BALKAN EAD platform.
ICGB AD will organize and conduct auction for the natural gas purchase for technical needs
In relation to purchasing natural gas for the technological needs of the Greece-Bulgaria interconnector, ICGB AD will organize and conduct the auctions for the purchase of the quantities required for the purpose on the GAZ HUB BALKAN EAD platform.
Gas Interconnector Greece-Bulgaria is co-financed by the European Union's
European Energy Programme for Recovery programme.
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