Krassen Nikolov
The launch of the gas interconnector became possible after the Bulgarian and Greek energy regulators took a joint decision to licence the gas connection operator – ICGB. The decision was fast-tracked due to the war in Ukraine, which has led to the suspension of Gazprom’s gas supplies to Bulgaria. Authorities in Sofia have rejected Russian demands to change contracts and pay for natural gas in roubles.
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 needs during summer, with prices expected to be lower than Russian gas.
The launch of the gas interconnector became possible after the Bulgarian and Greek energy regulators took a joint decision to licence the gas connection operator – ICGB. The decision was fast-tracked due to the war in Ukraine, which has led to the suspension of Gazprom’s gas supplies to Bulgaria. Authorities in Sofia have rejected Russian demands to change contracts and pay for natural gas in roubles.
