News

The challenges, that the whole world faced in 2020 only made our hope stronger and more unifying than ever.

ICGB achieves another #milestone at the very end of 2020 - the first interim payment of the grant #financing under the European Energy Program for Recovery (EEPR) was approved by the European Commission.

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

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 project company has various programmes and plans in place to address environmental, social and cultural dimensions. To embed these sustainability commitments into the everyday activities of #ICGB and its people, the company has developed a dynamic environmental, social management system (ESMS).

The two countries will jointly explore the possibilities for supply of natural gas from offshore gas fields from Israel to Bulgaria, pursuing strategy for #diversification of supply sources and routes.

Nearly 150 km out the total 182 km route have been cleared and prepared for the next construction phase. A total of 159 km of line pipes have been produced and delivered. 

The Greek natural gas transmission system operator DESFA SA – Hellenic Gas Transmission System Operator is joining the initiative alongside several other key energy companies in the region, including the Bulgarian TSO Bulgartransgaz, which acquired a 20% share earlier this year. 

This week the welding teams of DS-1 achieved a remarkable rate on the automatic #welding, reaching 50 welds per day.

"The Greece-Bulgaria #interconnector and the installation of small modular reactors give Bulgaria greater energy independence", said Francis Fannon, US Assistant Secretary, Bureau of Energy Resources, who was on an official visit in Bulgaria. In Sofia he met with Teodora Georgieva, the Executive Officer of #ICGB. Fannon praised Bulgaria’s leadership for the progress in the #construction of the interconnector with Greece, emphasizing on the importance of the successful implementation of the project and its role for Bulgaria’s transformation into a regional gas hub.