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Azerbaijan's energy minister to attend IGB's opening ceremony

08 July 2022 [09:59] - TODAY.AZ

By Azernews

By Ayya Lmahamad

Azerbaijan's Energy Minister Parviz Shahbazov left for a working visit to Greece on July 7, Azernews reports, citing the ministry.

The minister will attend the opening ceremony of the Interconnector Greece-Bulgaria (IGB) in Komotini on July 8.

Azerbaijan and Bulgaria agreed to supply 1 billion cubic meters of gas per year through the Interconnector Greece-Bulgaria in 2021. However, because the IGB was still under construction, Azerbaijani gas was delivered to Bulgaria via the Kulata-Sidirokastro interconnection point.

The IGB gas pipeline connects to the Greek national gas transmission system in Komotini and the Bulgarian national gas transmission system in Stara Zagora. The pipeline's length is 182 km, with a capacity of up to 3 billion cubic meters per year in the direction from Greece to Bulgaria. The pipeline is designed to increase its capacity up to 5 bcm/y depending on market interest and the capacities of neighboring gas transmission systems.

A cooperation memorandum has been signed between ICGB AD and TAP AG regarding joint actions in relation to the future connection of the IGB pipeline and the Trans-Adriatic Pipeline.

The IGB project is critical in terms of increasing supply security and diversifying gas supplies for Bulgaria and the SEE region.

URL: http://www.today.az/news/business/222716.html

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