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Bulgaria can receive supplies from EastMed through IGB

Oil&Gas Materials 12 April 2019 10:53 (UTC +04:00)

Baku, Azerbaijan, April 12

By Leman Zeynalova – Trend:

Through the Greece-Bulgaria interconnector (IGB) Bulgaria can receive supplies from EastMed pipeline, said Bulgarian Prime Minister Boyko Borissov.

He made the remarks during the phone conversation with Prime Minister of Israel Benjamin Netanyahu, Trend reports citing Novnite.com.

Borissov and Netanyahu also discussed the Eastern Mediterranean gas pipeline, which will deliver gas from Israel to Europe and will pass through Cyprus, Greece and Italy.

Borissov noted that the main priority for Bulgaria is to guarantee the security of the country's energy supplies and the diversification of the sources.

The Eastern Mediterranean (EastMed) pipeline project relates to an offshore/onshore natural gas pipeline, directly connecting East Mediterranean resources to Greece via Cyprus and Crete.

The project is designed to transport up to 16 billion cubic meters of gas per year from the off-shore gas reserves in the Levantine Basin (Cyprus and Israel) as well as from the potential gas reserves in Greece.

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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Follow the author on Twitter: @Lyaman_Zeyn

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