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ICGB AD to conduct auctions to buy gas for technological needs

Oil&Gas Materials 31 May 2022 09:56 (UTC +04:00)
ICGB AD to conduct auctions to buy gas for technological needs
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, May 31. In connection with the initial filling with natural gas of the interconnector Greece-Bulgaria, ICGB AD will organize and conduct auctions for the purchase of the necessary quantities on the platform of BALKAN GAS HUB EAD, Trend reports with reference to the company.

The starting date for the auction is June 6, 2022 (Monday) from 10:00 to 16:00 local time (Sofia).

For additional information and questions:

e-mail: [email protected]

Phone: +359 (2) 4513 545

Fax: +359 (2) 9250 392

e-mail [email protected]

Slav Nikolov - Market Research Manager (+359 889 218 202)

Zhivko Georgiev - Sales Operations Manager (+359 884 663 925)

PDF: Terms for conducting natural gas sale/purchase auctions for ICGB AD technological needs

PDF: Contract on sale/ purchase of natural gas for ICGB AD technological needs

The IGB project is of key importance for increasing security of supply and for ensuring diversification of natural gas sources for Bulgaria and the region of Southeast Europe. At the regional level, IGB will provide access to the gas transmission network for Bulgarian municipalities and regions that didn’t have an option for connectivity. The interconnector with Greece is an entirely new route for the transmission of natural gas to Europe and will give Bulgaria and the region access to supplies from new sources. The project will connect the country with the Southern Gas Corridor and has excellent synergy with other major energy projects such as TAP, TANAP, EastMed and the LNG terminal at Alexandroupolis.

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Follow the author on Twitter: @Lyaman_Zeyn

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