The European Commission committed nearly 250 million euros to finance the project, von der Leyen said. Its capacity will be expandable up to 5bcm upon installation of additional compressor stations. Two gas metering stations at Komotini and Stara Zagora, and two off-take and automated gas regulation stations in Kardjali and Dimitrovgrad will also be developed. Today, it's where the European . Since last month, our country has been receiving the full amount of blue fuel from the Caucasian republic thanks to the interconnector with Greece. Greece-Bulgaria pipeline carrying Azerbaijani gas starts operation EU chief: New Greece-Bulgaria gas pipeline 'means freedom' Connected to TAP, the IGB pipeline will allow Bulgaria as well as its neighbouring countries Romania and Serbia to access the gas supply from Azerbaijan, especially the gas produced at the Shah Deniz 2 gas and condensate field. [28], In August 2020 dozens of workers on the pipeline staged a protest in Haskovo, Bulgaria, saying they had not been paid in three months. "IGB passes close to the power plants of the "Maritsa East" energy complex. The Commissioner for Energy, Kadri Simson, said at the opening ceremony: The IGB can provide much-needed alternatives and flexibility for Bulgaria and the whole region. In the short term, it's Bulgaria's backup. The Turkey-Greece pipeline is a 296 kilometres (184 mi) natural gas pipeline, which connects Turkish and Greek gas grids. The interconnector will have the length of 182 km and a technical capacity of up to 3 bcm per year with an option for increasing the transmission capacity to . [1] IGB will also be able to supply Bulgaria with gas sourced from Greek ports which are importing liquefied natural gas (LNG). The Nis-Dimitrovgrad . Construction works on the IGB project were started in May 2019, while the trans-boundary pipeline is scheduled to enter service in 2020. Stefan Pipkov - Technical Manager - ICGB AD - Gas Interconnector Greece Learn more Latest News. The pipe diameter is 813 millimetres (32.0in), with an estimated cost between 200 and 250 million Euro to construct. [7], On 14 July 2009, a Memorandum of understanding was signed between Bulgarian Energy Holding EAD, Edison (Italy) and DEPA, which defines the principles for development and realization of the project. [3] However, a May 2021 report from the Eastern Europe Natural Gas Partnership (EE-NGP) stated the project would be commissioned in 2025. [20] Bulgartransgaz stated in March 2020 that IGB was expected to run in operation by July 1, 2021. The capacity of the pipeline is to be 3 to 5billion cubic metres per annum (110 to 180billion cubic feet per annum) with reverse flow capability. 10/2/2022. [1][2] It is also known as the Stara Zagora-Komotini pipeline. In this report, we look at the 30 big tech themes for 2019, identifying winners and losers for each theme. [1], The pipeline has been approved for inclusion on the European Commission's Projects of Common Interest list, meaning it can receive public funding from the EU. Greek-Bulgarian gas interconnector completed - Financial Mirror The project has also received an Installation Act permit from the Greek Government and technical design approval in Bulgaria. If plants are interested in gasification, we The final investment decision for the IGB project was taken in December 2015, and a market test procedure was launched during the same month to invite shippers interested in using the pipeline. We have recently upgraded our technology platform. The $235 million pipeline will deliver 3 billion cubic meters of gas per year, connecting Bulgaria to the Southern Gas Corridor and the Trans Adriatic Pipeline and enabling alternative. Starting in Komotini, the pipeline arrives at Stara . Gas Interconnector Greece-Bulgaria (IGB) Pipeline Project A 10MW compressor station will also be required to be installed at Haskovo, Bulgaria. Sofia, Sofia City, Bulgaria . Bulgaria Seeks More Gas Supplies from Azerbaijan - Caspian News Delays on the Greek side were said to be most marked, including missing pipes along the route, and a lack of testing and reclamation. [23] It was reported that by the beginning of December 2021 the pipeline was only 70% constructed. Later on, gas is expected to flow via the 3bcm/year Bulgaria-Greece Interconnector (IGB) that aims to start commercial operations by July 2021. IGB pipeline will cost an estimated 160m ($170m), of which up to 45m ($48m) will be provided by the European Commission (EC) under the European Energy Program for Recovery. The pipeline will begin at Komotini in Greece and end at Stara Zagora in Bulgaria, including approximately 31km running through Greece and 151km through Bulgaria. The project is in line with the joint EU strategy for market-based security of supply, which calls for bidirectional interconnection of national grids and specifically for creation of a Southern Gas Corridor. 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The Bulgarian Government also provides 39m ($44m) of direct financial support for the project. Back Submit. Back in 2009, the gas Bulgaria was receiving was cut off by President Putin . [4] The exact proposed route of IGB can be found on page 74 of the Bulgartransgaz 2020-2029 development plan. It is a remarkable milestone of regional cooperation. The license pertains to the Greek section of the IGB project and was issued for a period of fifty (50) years. The Gas Interconnector Greece-Bulgaria Kick Starts With a Swanky The total length of the gas pipeline is 182 km (113 miles), and the designed capacity is up to 3 billion cubic meters (Bcm) per year. Gas Interconnector Serbia - Bulgaria - EU u Srbiji It is between Ni and Dimitrovgrad, on the territory of Serbia. The Interconnector Greece-Bulgaria (IGB) pipeline will transport 1 billion cubic metres (bcm) of Azeri gas to Bulgaria. [1][2] It became operational on 1 October 2022. Title of project: Gas Interconnector Serbia-Bulgaria. Two gas metering stations at Komotini and Stara Zagora, and two off-take and automated gas regulation stations in Kardjali and Dimitrovgrad will also be developed. EU seems to be very keen to make Serbia more dependent on gas on itself than on Russia. It became operational on 1 October 2022. IGI Poseidon (50%) and Bulgarian Energy Holding (50%). [5][6], The IGB pipeline has been under development since 2009, following a memorandum of understanding (MoU) signed between the governments of Greece and Bulgaria outlining the creation of a gas interconnection linking the two countries. 'New Era' As Greece-Bulgaria Gas Pipeline Starts Pumping (P&GJ) The Greece-Bulgaria gas pipeline, the Gas Interconnector Greece-Bulgaria (IGB), started commercial operation on Saturday, according to ICGB AD, owner and operator of the IGB. [17] Against a backdrop of the Russian invasion of Ukraine, final permits were fast-tracked and approved, with construction completed on the 1st of July, 2022. MMI Engineering (MMI) provides technical consulting and engineering services for MMI Engineering (MMI) provides technical consulting and engineering services for effective risk management. A ceremony to inaugurate the Gas Interconnector Greece-Bulgaria (IGB) has been held in Sofia, Bulgaria. The pipeline will have a reverse flow option and deliver approximately three billion cubic metres (bcm) of natural gas a year to Bulgaria. It is a crucial project for the diversification of gas supply in the South-East European region,a project of common interestand a priority project under the Central and South Eastern Europe Energy ConnectivityHigh-Level Group. Greece-Bulgaria pipeline starts operations to boost non-Russian gas The Gas Interconnector Greece-Bulgaria (IGB), a 182-kilometre (113-mile) trans-boundary pipeline was designed to help Bulgaria, which has for years been heavily dependent on Russian gas, obtain . Construction of Bulgaria-Serbia gas interconnector to start in May A new Greece-Bulgaria gas pipeline that opened on Saturday promises to reduce dependency on Russian energy in the Balkans and make Greece a hub for energy in the region. The gas connection between Bulgaria and Greece will start operating on 1 July, with Bulgaria poised to receive one billion cubic metres of gas from Azerbaijan - enough to meet the country's . ICGB is currently in the process of developing the engineering, procurement and construction (EPC) package for the project, which is expected to be initiated later this year. Gas Interconnector Greece-Bulgaria (IGB) is a trans-boundary pipeline project involving the construction of a 182km-long natural gas pipeline between Greece and Bulgaria. IGB - bgenh.com Office Assistant at ICGB AD - Gas Interconnector Greece-Bulgaria 11mo Report this post Nikolay Delchev Chairman Of The Board Of Directors at Infinity Capital 11mo Like Comment Share Copy; LinkedIn; Facebook; Twitter; To view or add a comment, sign in. Photo courtesy of ICGB AD-Gas Interconnector Greece-Bulgaria. The gas interconnector Greece Bulgaria (IGB project) connects the natural gas transmission network competition Greece near the town of Komotini with the Bulgarian transmission network near the town of Stara Zagora. Project Manager at ICGB AD - Gas Interconnector Greece-Bulgaria | Bulgaria Country Representative @ YES-Europe 5y Report this post Join us at Kuwait's largest oil & gas show #KOGS2017 from Oct 16-18. . Obtaining this permit was the final step prior to construction. The project, supported by the Trans-European Networks for Energy, has an initial capacity of 3 billion cubic meters/year (in the South-North direction). The Greece - Bulgaria gas interconnector connects the natural gas transmission network of Greece near the town of Komotini with the Bulgarian transmission network near the town of Stara Zagora. It's been 13 years since the start. The importance of the Gas Interconnector Greece-Bulgaria pipeline, which was completed in July, has significantly risen after Moscow decided to turn its natural gas deliveries into a political weapon. The project took off in 2017. [IGB website] Greece confirmed on Wednesday (10 November) delays in the construction of a key gas interconnector linking Greece and Bulgaria (IGB), reported earlier . IGB pipeline will cost an estimated 160m ($170m), of which up to 45m ($48m) will be provided by the . The announcement came from Bulgarian Prime Minister Kiril Petkov on Wednesday. Gas Interconnector Greece-Bulgaria (IGB) Pipeline Greece, Bulgaria complete 'energy bridge' to cut Russia gas reliance Gas Interconnector Greece-Bulgaria (IGB) Near Stara Zagora Will Be Provision for future compressor facilities will also be included in the project. This page was last edited on 30 October 2022, at 13:51. IGB Pipeline. [24], In April 2022, a senior AVAX official said that construction of the pipeline had been completed in early April, work and testing at two metering stations and software installation were in the final stages. Ground-breaking ceremony for the IGB gas pipeline project took place in May 2019. The importance of the Gas Interconnector Greece-Bulgaria pipeline, which was completed in July, has risen significantly after Moscow decided to turn its natural gas deliveries into a political weapon. Start of works on pipeline: 14 January 2022. EU chief: New Greece-Bulgaria gas pipeline 'means freedom' [5] However, in its Ten Year Network Development Plan (TYNDP), European Network of Transmission System Operators (ENTSOG) stated the project was delayed and commissioning end date is 2025 due to "appeals against the tender procedures. Gas generated from Azerbaijans Shah Deniz 2 gas and condensate field is set to be supplied to Bulgaria via the pipeline. Stop by our stand 625 to forge new partnerships! The importance of the Gas Interconnector Greece-Bulgaria pipeline, which was completed in. The Interconnector Greece-Bulgaria, or IGB, -- part of the much-heralded Southern Gas Corridor -- has been delayed several times, most recently due to the coronavirus pandemic. Gas Interconnector Greece-Bulgaria (IGB) is a 182km-long trans-border natural gas pipeline under construction to transport gas from Greece to Bulgaria. Interconnector Greece - Bulgaria (IGB) - DEPA INTERNATIONAL PROJECTS Route. ICGB AD - Gas Interconnector Greece-Bulgaria | 2,778 followers on LinkedIn. Gas Interconnector Greece-Bulgaria (IGB) Pipeline, "Greece-Bulgaria pipeline starts operations to boost non-Russian gas flows", "2021-2030 TEN-YEAR NETWORK DEVELOPMENT PLAN OF BULGARTRANSGAZ EAD", "2020 - 2029 TEN-YEAR NETWORK DEVELOPMENT PLAN OF BULGARTRANSGAZ EAD", "The combined IGG gas transmission network data set", Greece-Bulgaria Natural Gas Interconnector (182KM), EIB supports energy supply diversification in south-eastern Europe, "The interconnector with Greece successfully crossed the Maritsa River", "New Pipeline Seen In Bulgaria As 'Freedom' From Russian Gas Imports", "Catalog of Potential Eastern European Natural Gas Investment Projects in Support of the Three Seas Initiative". The IGB pipeline is expected to be interconnected with both the DESFA and TAP natural gas systems in Greece. CS1 maint: multiple names: authors list (. [4] The pipeline will be 160 kilometres (99mi) between Komotini and Stara Zagora in Bulgaria.[4]. The 182-kilometer (115-mile) conduit runs from the northeastern Greek city of Komotini, where it links to the Trans-Adriatic Pipeline, up to Stara Zagora in central Bulgaria. A. Bulgaria seeks more natural gas supplies from Azerbaijan after the Interconnector Greece-Bulgaria (IGB) comes online in September 2022. According to current supply contracts, TAP will deliver 1bcm/year to Greece, a similar volume to Bulgaria and the remaining 8bcm/year to Italy. Designed to operate at a high pressure of 55barg, the 32in-diameter pipeline will be capable of transporting three billion cubic meters of gas a year (bcm/y). The work should be completed by September 2023. Gas Interconnector Greece-Bulgaria - Wikipedia President of the Republic of Azerbaijan Ilham Aliyev attended the event. This would result in the deadline for putting the interconnector into operation on July 1, 2022 being missed. The sole responsibility of this publication lies with the author. Published April 29, 2022 5:03 a.m. PDT. EU chief: New Greece-Bulgaria gas pipeline 'means freedom' Registered in Greece, IGI . New gas pipeline boosts Europe's bid to ease Russian supply - Yahoo! News [5] The interconnector is fully operational since October 1. Natural gas pipeline between Bulgaria and Greece officially launches The project is being undertaken by a joint venture between IGI Poseidon (50%) and Bulgarian Energy (50%) known as ICGB, with the intention of increasing the security of gas provision to Bulgaria, Greece and south-east Europe. . First Azeri gas reaches Greece and Bulgaria via TAP | ICIS ICGB AD - Gas Interconnector Greece-Bulgaria | LinkedIn ICGB AD Bulgaria The Turkey-Greece pipeline was completed in 2007 while the Greece-Italy pipeline was not built, due to the competing Trans Adriatic Pipeline . By the end of the calendar year, the applications for the utilization of the last installments of the non-reimbursed financing under OPIK and EEPV for the implementation of the Greece-Bulgaria gas interconnector will be . The IGB Project (Gas Interconnector Greece-Bulgaria) is being implemented by the joint venture company ICGB AD, registered in Bulgaria in 2011, with shareholders BEH EAD (50%) and IGI Poseidon (50%). ", Download our 2019 Technology, Media and Telecoms Predictions Report. Supervisory control and data acquisition (SCADA) and control and telecommunications facilities will also be developed. This event marks the end of the IGB construction, a key route to carry gas from the Trans-Adriatic Pipeline and Greece to Bulgaria and neighbouring countries. Greece-Bulgaria gas interconnector operational from 1 July "The pipeline will have a reverse flow option and deliver approximately three billion cubic metres (bcm) of natural gas a year to Bulgaria. 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