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Corinth Pipeworks updates on pipe production for IGB

Oil&Gas Materials 17 February 2020 11:06 (UTC +04:00)
Corinth Pipeworks updates on pipe production for IGB

BAKU, Azerbaijan, Feb.17

By Leman Zeynalova – Trend:

The Greek company Corinth Pipeworks has produced and tested the pipes for 62-kilometers-long section of the Interconnector Greece-Bulgaria (IGB), Trend reports citing Bulgarian Energy Ministry.

Reportedly, six trucks were loaded with pipes for transportation to Bulgaria and three of them have already arrived at the site.

Corinth Pipeworks is expected to complete deliveries under the first production lot in March, reads the message on the ministry’s website.

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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