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Line pipe production and delivery for the #IGB pipeline will be completed in the next few weeks

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, during a roundtable organized by the U.S. Embassy in Bulgaria, Bulgartransgaz EAD and AmCham Bulgaria. The event was held online and was focused on the potential of #LNG and the future of the energy sector. Georgieva highlighted the impact the IGB #pipeline will have on Bulgaria’s position on the energy map. “The pipeline will allow Bulgaria to receive natural gas supplies from more than one source, which will inevitably lead to increased security of supply and real #diversification of gas sources. Development of new routes for import automatically increases competition, which is of great importance for end users, who will be able to use natural gas at competitive prices”, she noted. U.S. ambassador to Bulgaria H.E. Herro Mustafa added that diversification of sources, liberalization of the market and #transparency are the major factors that attract natural gas traders, producers and shippers. She thanked Georgieva and the #ICGB team for the continuous efforts towards the successful completion of the IGB project.

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.

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


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