Greece-Bulgaria pipeline receives bids - WORLD PIPELINES

Thursday, 08 December 2016 09:17
Anna Nicklin, Editorial Assistant

According to a news statement from ICGB – the joint venture building the Interconnector Greece-Bulgaria (IGB) natural gas pipeline – five offers were submitted for the use of the pipeline on a long term basis for the binding phase of the market test.

IGB is estimated to cost approximately €220 million (US$235 million). The pipeline will transport gas with a total capacity of 4.3 billion m3 of natural gas. According to the statement, the second phase of the market test saw capacity amount to 2.7 billion m3, of which 1.57 billion m3 are reserved. It is expected that the IGB pipeline will connect to the Trans Adriatic pipeline (TAP) to, in turn, allow Bulgaria to receive Azerbaijani gas.

Five submit binding offers for use of Greece-Bulgaria gas link - REUTERS

Sat Dec 3, 2016 | 1:02pm ESTReporting by Angel Krasimirov; Editing by Toby Chopra

Five binding offers were submitted for the use of the natural gas pipeline between Bulgaria and Greece, the joint venture building the link said in a statement.

Interconnector Greece-Bulgaria (IGB), estimated to cost 220 million euros ($235 million), will transport gas with a total capacity of 4.3 billion cubic meters.

"The announced capacity within the second phase of the market test amounts to 2.7 billion cubic meters, 1.57 billion cubic meters of which are reserved," joint-venture ICGB said in the statement.

Binding phase of market test for gas link Greece-Bulgaria gets five bids - SEE NEWS

Dugopolje-Split gas pipeline (by EVN)

December 2, 2016

SOFIA (Bulgaria) - Five offers were received on a long term basis for the binding phase of the market test for the gas interconnector Greece-Bulgaria, the company in charge of the project said on Friday.

"The announced capacity within the second phase of the market test amounts to 2.7 billion cu m, 1.57 billion cu m of which are reserved," ICGB said in a statement.

According to the procedure, the market test will be completed with the implementation of the advanced reservation capacity agreements by the companies which submitted the offers, upon approval of the relevant allocation by the national regulators of Greece and Bulgaria.

Greece, Bulgaria extend gas interconnector capacity bids to end-November - PLATTS

London (Platts)--2 Nov 2016 1040 am EDT/1440 GMT
By Stuart Elliott, edited by Alisdair Bowles

Greece and Bulgaria have agreed to extend to the end of November the deadline for binding bids for capacity in the planned Interconnector Greece-Bulgaria designed to improve gas connectivity in southeast Europe.

The deadline for binding offers had been set for October 31, but the pipeline operator said it had extended the deadline "at the request of participants in the first phase."

A total of nine non-binding expressions of interest for a total of 5.3 Bcm/year of capacity were submitted in the first phase earlier this year.