Baku, Azerbaijan, April 30
By Leman Zeynalova – Trend:
ICGB AD, the company engaged in construction of the Interconnector Greece-Bulgaria (IGB) has launched the public procurement procedure with subject matter “Design, procurement and construction of the Natural Gas Interconnector Greece-Bulgaria (IGB Project)”, Trend learned from the company.
The estimated value of the public procurement is 145 million euros exclusive VAT and the term for implementation of the public procurement is 18 months as of start of implementation.
The selection of a contractor will be made through restricted procedure under the Public Procurement Act (PPA) in two phases: pre-selection phase and second phase – review, evaluation and ranking of offers.
Through a preliminary selection ICGB will assess and determine the candidates which have the required financial and technical capacity to implement the subject matter of the public procurement according to the set requirements.
ICGB AD welcomes all potential participants and states that the company's priority is to ensure a fair, objective and transparent procedure and create conditions for competitive selection.
IGB is a gas pipeline, which will allow Bulgaria to receive Azerbaijani gas, in particular, the gas produced from Azerbaijan's Shah Deniz 2 gas and condensate field. IGB is expected to be connected to the Trans Adriatic Pipeline (TAP) via which gas from the Shah Deniz field will be delivered to the European markets.
The initial capacity of IGB will be 3 billion cubic meters of gas.
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