Today.Az » Business » IGB’s Commercial Operation Date announced
09 March 2020 [12:20] - Today.Az
By Trend Commercial Operation Date (COD) of the Interconnector Greece-Bulgaria
(IGB), which is expected to deliver 1 billion cubic meters of gas per
year from Azerbaijan to Bulgaria is set for the second quarter of 2021,
executive director of ICGB project company Teodora Georgieva told Trend.
She noted that the interconnector’s construction was commenced on Oct.28, 2019 and the duration is 18 months.
As for the current status of the project, Georgieva said the first
pipe yard for acceptance and storage of line pipes and construction camp
on Bulgarian territory is ready and the second pipe yard in Bulgaria is
in preparation.
"Survey and clearance of the Right of Way strip in Bulgaria is
ongoing (7.5 km RoW is cleaned). Until Feb.26, 2020, around 1,224 of
pipes have been delivered in the pipe yard in Bulgaria with cumulative
length of 17,682 meters," said the executive director.
She pointed out that the main tenders are already finalized and the main contracts are assigned.
"We do not expect tenders of such scale as the previous EPC and the Line Pipe Supply tender," Georgieva explained.
The Interconnector Greece-Bulgaria project envisages a two-stage development.
In the first stage, the pipeline capacity will be 3 billion cubic
meters of gas, of which 2.7 billion cubic meters will be offered for the
long-term market, the remaining share of 0.3 billion cubic meters in
the short term.
In a second phase, also depending on the evolution of the market, the
capacity of the pipeline can be increased to 5.3 billion cubic meters
of gas thanks to the addition of a compression station: 4.5 billion
cubic meters of gas 0.5 billion cubic meters of short-term gas will be
offered for long-term products.
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