Energy Crisis

Gas interconnector Greece-Bulgaria to start commercial operation on October 1

Gas interconnector Greece Bulgaria commercial operation October 1

Photo: ICGB/LinkedIn

Published

September 29, 2022

Country

,

Comments

comments icon

0

Share

Published:

September 29, 2022

Country:

,

Comments:

comments icon

0

Share

Greece and Bulgaria have issued operating permits for a pipeline linking their gas networks, which enables the start of the IGB interconnector’s commercial operation, scheduled for October 1.

Joint venture ICGB announced that it fulfilled the final administrative requirement for the start of operation of the gas interconnector Greece-Bulgaria, also known as IGB. The launch is set for October 1. The pipeline will run from Komotini in Greece to Stara Zagora in Bulgaria.

The firm established by Bulgarian Energy Holding (BEH) and Greek company IGI Poseidon (Yafa Poseidon) with equal ownership shares said operational permits were issued in both countries. ICGB said the gas pipeline would ensure diversification of gas sources and increase competition in the market.

Yafa Poseidon is controlled by DEPA International Projects and Edison, at 50% each.

The project worth EUR 240 million connects Bulgaria to the Southern Gas Corridor and the Trans Adriatic Pipeline (TAP). It will enable supply from a variety of sources to countries in Southeast and Central Europe, including Moldova and Ukraine, the firm added.

The IGB pipeline is 182 kilometers long, of which 31 kilometers are in Greek territory. The technical capacity is three billion cubic meters per year. There is an option to increase it to five billion cubic meters with the construction of a compressor station on Greek territory, which would allow for reverse flow as well.

Construction works are underway at the future terminal for liquefied natural gas (LNG) in Alexandroupolis near Komotini.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

montenegro epcg bojan djordan bulatovic CEO

Montenegro’s EPCG appoints Bojan Đordan as acting CEO

21 October 2025 - Bojan Đordan is assuming the top position in EPCG after leading the state-owned utility's sector for renewable energy sources

serbia natural gas balkan stream russia bulgaria transit sanctions

Serbia warns of gas crisis as EU transit ban threatens Balkan Stream supply

21 October 2025 - Serbia is in a very difficult situation because, as of January 1, 2026, it won’t be able to receive Russian natural gas via Bulgaria, according to the Ministry of Mining and Energy

SANY International large PV BESS project southwestern Romania

SANY International takes over large PV-BESS project in southwestern Romania

21 October 2025 - Sany International (Singapore) acquired a project for a solar power plant of 95 MW in peak capacity combined with 218 MWh in battery storage

bulgaria sunotec financing solar bess Verinsko project

Sunotec secures financing for Bulgarian BESS, renewables portfolio

20 October 2025 - The projects for standalone battery energy storage systems are part of the government's RESTORE program, according to Sunotec