Construction of the Gas Interconnector
Greece-Bulgaria (IGB Pipeline) is expected to
begin in 2015, an official of the state-owned
Bulgarian Energy Holding (BEH) said on Wednesday.
"By the end of the year we expect [to have
obtained] construction permission, and
construction will be started next year,” Rosen
Simitchiev, expert at BEH's project management
directorate, said during the First Energy and
Geopolitics Roundtable, organised by Greek-based
Institute of Energy for South East Europe (IENE)
in Sofia.
The 182-kilometre IGB Pipeline, which will start
at the northeastern Greek city of Komotini and end
at Stara Zagora, in southern Bulgaria, will carry
3.0 billion cubic metres (bcm) of natural gas
annually in its initial stage and will have a
maximum capacity of 5.0 bcm per year. It will be
eventually connected to the Trans Adriatic
Pipeline (TAP), carrying natural gas from the
Caspian Sea to Europe through Greece. The
pipeline, which is expected to become operational
in 2016, is estimated to cost 220 million euro
($304 million).
Source: SeeNews