(MENAFN- Trend News Agency)
BAKU, Azerbaijan, July 30. The maximum
technical capacity of the Interconnector Greece-Bulgaria (IGB) is 5
bcm per year - in case of a need and demand exceeding this
capacity, the option is to build a second pipeline in order to
satisfy the rising demand, Teodora Georgieva, executive director of
ICGB AD project company from Bulgaria said in an exclusive
interview with Trend .
'To do this, ICGB would need to follow strictly the regulatory
obligations and processes, to conduct the necessary market tests in
cooperation with adjacent TSOs, and in the end take on such a
decision if it proves to be sensible both market-wise and
economic-wise,' she explained.
The IGB project is of key importance for increasing security of
supply and for ensuring diversification of natural gas sources for
Bulgaria and the region of Southeast Europe. At the regional level,
IGB will provide access to the gas transmission network for
Bulgarian municipalities and regions that didn't have an option for
connectivity. The interconnector with Greece is an entirely new
route for the transmission of natural gas to Europe and will give
Bulgaria and the region access to supplies from new sources. The
project will connect the country with the Southern Gas Corridor and
has excellent synergy with other major energy projects such as TAP,
TANAP, EastMed and the LNG terminal at Alexandroupolis.
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