Greece's Corinth produces 62km of line pipes for Greece-Bulgaria gas link - SEENEWS

Feb 17, 2020 14:13 EEST
Mario Tanev

SOFIA (Bulgaria), February 17 (SeeNews) - Greece's Corinth Pipeworks has completed the production of the first 62 kilometres of line pipes for the Greece-Bulgaria gas interconnector project - ICGB, Bulgaria's energy ministry said.

Pipes have been loaded on six trains, three of which are already in Bulgaria, the ministry said in a statement on Saturday.

The first production lot is expected to be delivered in full in March, which will provide the gas link construction company with all necessary types and sizes of pipelines.

ICGB, the project company developing the gas link, signed contracts for the supply of pipes and construction of the interconnector with Corinth Pipeworks Industry and J&P-Avax, respectively, last year. The construction of the 123-km section of the interconnector on Bulgarian soil will begin in 2020, the energy ministry said at the time.

The pipeline, which has a total estimated cost of 220 million euro ($242.7 million), will connect the Greek gas transmission system in the area of Komotini to the Bulgarian gas transmission system in the area of Stara Zagora. The planned length of the pipeline is 182 km and the projected capacity will be up to 3 billion cu m per year in the direction from Greece to Bulgaria.

J&P AVAX files lowest bid to build Bulgaria-Greece gas link - KATHIMERINI / REUTERS

TUESDAY APRIL 23, 2019, 15:04

Greece’s J&P AVAX filed the lowest offer in a tender to design and build a gas pipeline between Bulgaria and Greece, project manager ICGB said on Tuesday.

The company offered a price of 144.85 million euros ($163 million) to build a 182 km (113 mile) pipeline which Sofia hopes will become operational in 2020 to transport Azeri gas to Bulgaria and end its almost complete dependence on Russian gas supplies.

A consortium of two Bulgarian companies and Italy’s Bonatti submitted an offer of 229.3 million euros in the tender.

ICGB said it would examine the offers and pick a winner by the end of May. The pipeline will have an annual capacity of 3 billion cubic metres.

The European Commission has said it would invest 33 million euros of European Union funds in the project.

ICGB is 50 percent owned by Bulgaria’s state-held BEH energy holding company. The remaining shares are held by the Greek gas company DEPA and Italy’s Edison. 

Bulgaria-Greece Gas Pipeline Project Receives Initial Bids - NOVINITE / REUTERS

September 13, 2018, Thursday // 09:53

Reporting by Tsvetelia Tsolova; Editing by Edmund Blair

Italy’s Saipem, a consortium including Azeri state firm SOCAR and nine other groups or firms have submitted initial bids to build a gas pipeline between Bulgaria and Greece, the company overseeing delivery of the project said.

ICGB launched a tender in April for design, procurement and construction of the 182-km (113-mile) pipeline that is estimated to cost 145 million euros (8 million). The contract winner will have 18 months to complete the project.

Other firms which have filed initial bids also include Italy’s Sicim, Greek company J&P Avax, Turkey’s Fernas, a group including Sicilsaldo, Nuova Ghizzoni and Inrakat, and a consortium of Germany’s Max Streicher and Greece’s Terna.

ICGB will draw up a shortlist of final bidders.

Sofia plans to use the pipeline to receive one billion cubic metres (bcm) of gas per year from Azerbaijan’s Shah Deniz 2 gas field after 2020, ending its almost complete reliance on Russian gas supplies.

Over 3000 people working on Greek segment of TAP pipeline - WORLD PIPELINES

Friday, 09 June 2017 10:25Stephanie Roker

The Trans Adriatic Pipeline (TAP) AG announces that construction in Greece, the pipeline’s greatest geography, advances on time, on track and on budget. Thanks to the efforts of the over 3000 people working for the project, 13 months after the Inauguration Ceremony works have significantly progressed in two of the three northern Greek prefectures to be traversed by the pipeline: eastern Macedonia-Thrace and central Macedonia.

As of end May 2017, out of the approximately 550 km of pipeline in total to be built on Greek soil, TAP’s contractors have already:

TAP gas pipeline to go ahead despite low oil prices - executive - REUTERS

Tue Mar 22, 2016

Construction of the Trans-Adriatic Pipeline (TAP) to take gas from Azerbaijan to Europe will go ahead despite low oil prices, but costs will be in sharp focus, a senior executive for TAP said on Tuesday.

The 870-km (540-mile) pipeline, which will link Azerbaijan's Shah Deniz II field with Italy, crossing through Georgia, Turkey, Greece, Albania and the Adriatic Sea, is the largest project to bring new supplies to European consumers.

Asked about the impact of plunging oil prices on the project, TAP's country manager for Greece, Rikard Scoufias, told an energy conference in Athens: "The project will not have an impact in terms of challenging the realisation of TAP in any way."

"The financial investment decision has already been taken," he said. "But it does put an additional emphasis on cost management."