Baku, Azerbaijan, Feb.13
By Leman Zeynalova – Trend:
The Greek Minister of Environment and Energy Giorgos Stathakis granted the Interconnector Greece-Bulgaria (IGB Project) Installation Permit on the territory of the Hellenic Republic, ICGB AD (project company) told Trend.
The decision was made on Feb.7, said the company.
“ThIs key permit is an important milestone, following the already issued Installation Act for the territory of the Hellenic Republic and the corresponding construction permit that was issued in Bulgaria in September 2017. This decision, together with the acquisition of the main land plots in the area of Komotini, is a precondition for the successful start of the IGB’s construction on the territory of the Hellenic Republic,” said ICGB AD.
The Independent Natural Gas System license (INGS license), which is expected to be issued by the Greek Regulator RAE in the second quarter of 2019, constitutes the last permitting step before the start of construction works, the company.
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 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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