Energy Crisis

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

Gas interconnector Greece Bulgaria commercial operation October 1

Photo: ICGB/LinkedIn


September 29, 2022







September 29, 2022






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

Romania financial support nuclear power projects Cernavoda 3 4

Romania pledges financial support for nuclear power projects Cernavodă 3, 4

09 June 2023 - The Romanian Government is backing state-owned Nuclearelectrica in the project for units 3 and 4 in the Cernavodă nuclear power plant

EU modernization fund Bulgaria Croatia Romania

EU pays out EUR 1.4 billion to Bulgaria, Croatia, Romania for green transition

09 June 2023 - The European Union's Modernization Fund has paid out EUR 2.4 billion for the seven member states, which is the joint largest disbursement

Lorkowski Carbon pricing condition electricity sector avoid EU carbon border tax

Lorkowski: Carbon pricing is condition for electricity sector to avoid EU’s carbon border tax

09 June 2023 - Market coupling and emissions trading systems are the prerequisites for an exemption from CBAM for electricity

EPS supervisory board Norwegian

Serbia’s EPS appoints seven-member supervisory board including three Norwegian experts

08 June 2023 - Serbia's state-owned coal and electricity producer Elektroprivreda Srbije – EPS selected a new supervisory board