BAKU, Azerbaijan, Aug.11
By Leman Zeynalova - Trend:
Construction of the gas metering station and the dispatching center as part of the Interconnector Greece-Bulgaria (IGB) project on Bulgarian territory is currently underway, ICGB AD told Trend.
“Construction activities continue with a steady pace – over 165 km are welded, 110 km are lowered, trenching and backfilling are ongoing according to schedule. After the successful HDD crossing under the Maritsa river, field teams have initiated preparation for the process under Studen Kladenets Dam. The EPC contractor indicates that the completion of the linear infrastructure will be within the agreed deadline as per the signed contract,” said the company.
The deadline for construction of IGB is the end of 2021.
The IGB project enables the transmission of gas and supplies from new sources, making it key to Bulgaria's energy security and part of the national plan for diversification of gas sources. The capacity of the project is 3 billion cubic meters with the option to reach 5 billion cubic meters. Half of the capacity of the interconnector is already reserved, as four of the shippers are completely new to the Bulgarian market. A contract has been signed for the supply of 1 billion cubic meters from Shah Deniz 2 based on a long-term contract with Bulgargaz.
The conclusion of the contract for construction of the interconnector dates back from the end of 2019, as one of the main commitments of the project company in structuring IGB is the obligation to control costs within the approved budget, which will ensure competitive transmission for customers. The delay in construction activities and the approved update of the construction schedule for the end of 2021 are due to objective reasons related to the global coronavirus pandemic and do not lead to direct losses. The established alternative route through the Greek system and Siderokastro provides a temporary solution for servicing the contract with Azerbaijan until IGB is put into commercial operation.
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