In an interview with Trend, ICGB AD’s executive officer, Teodora Georgieva, highlighted the key role that the Southern Gas Corridor project will play for the Interconnector Greece-Bulgaria (IGB) project.
She noted that the two projects are interrelated and that the IGB project already has the Environmental Impact Assessment for both of its parts, along with the technical design already approved in Bulgaria.
While IGB’s engineering, procurement and construction (EPC) is currently under development, the company plans to have, or be close to having, a construction permit by middle of this year. Construction is expected to commence in 2018, such that delivery of gas can begin in 2020.
According to Georgieva, ICGB AD has 1.57 billion m3 of IGB capacity booked already, with one company being Azerbaijan’s state oil company, SOCAR. In the interview, she claimed that this shows that there is interest in both the IGB and Southern Gas Corridor projects.
IGB is a Project of Common Interest for the European Union. The gas pipeline will allow Bulgaria to receive Azerbaijani gas from the Shah Deniz 2 gas field. It is expected to connect to the Trans Adriatic pipeline, such that gas can be transported further into Europe.
Read the full report here.
Read the article online at: https://www.worldpipelines.com/business-news/28022017/southern-gas-corridor-and-igb-projects-progressing/