IGB granted final license to start construction on Greek territory
The Greek Regulatory Authority for Energy (RAE) has issued a Decision No 671/2019 granting ICGB AD a license for Independent Natural Gas System (INGS). The license, issued on June 27th 2019 and notified on July 18th 2019, concerns the Greek section of the Greece-Bulgaria Interconnector (IGB). The INGS is issued for a period of fifty (50) years and expires on 27/06/2069.
The INGS license grants the right to ICGB AD to start construction of the project including the pipeline and auxiliary facilities and equipment on the territory of the Hellenic Republic.
The obtaining of this license represents tremendous progress as it is the final step towards securing the regulatory regime of the IGB project and ensuring successful start of the construction of the pipeline on the territory of the Hellenic Republic.
For more information:
Diana Zaykova
Action Global Communications Bulgaria
Tel.: +359 2 9803018
Mobile: + 359 885 074422
Date 22/07/2019
IGB Project
Gas Interconnector Greece-Bulgaria is co-financed by the European Union's
European Energy Programme for Recovery programme.
The sole responsibility of this publication lies with the author.
The European Union is not responsible for any use that may be made of the information contained therein.
