IGB receives 5 binding offers for market test
By Trend
Five binding offers were received on a long term basis for the
binding phase of the market test for the Gas Interconnector
Greece-Bulgaria, said the message on the website of ICGB company,
which is responsible for the project’s realization.
The announced capacity within the second phase of the market test
amounts to 2.7 billion cubic meters, of which 1.57 billion cubic
meters are reserved.
Due to shown interest from other companies, which have not
participated in the first phase of the market test for the project,
there is an ongoing discussion about the possibility to initiate a
procedure for allocation of the remaining capacity, respectively
for participation of new shippers.
IGB, which is expected to be connected to the Trans Adriatic
Pipeline (TAP), will allow Bulgaria to receive Azerbaijani gas.
In early December 2015, Bulgaria and Greece signed a final
investment decision on the IGB project.
Bulgarian state-owned energy holding company BEH has 50 percent in
the joint venture which will build the IGB pipeline, while Greek
state energy firm DEPA and Italy's Edison hold 25 percent each.
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