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IGB seeking consultant for environmental and social monitoring

Oil&Gas Materials 16 December 2019 10:12 (UTC +04:00)
IGB seeking consultant for environmental and social monitoring

BAKU, Azerbaijan, Dec.16

By Leman Zeynalova – Trend:

ICGB AD, project company for construction of the Interconnector Greece-Bulgaria (IGB) is seeking a consultant for environmental and social monitoring of the IGB project for compliance with standards of the European Investment Bank (EIB), Trend reports citing ICGB AD.

The initiation date of the tender is Dec.13, 2019. Deadline for submission of offers or applications for participation: January 24, 2020.

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 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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Follow the author on Twitter:@Lyaman_Zeyn

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