BAKU, Azerbaijan, June 14. The commissioning of the Interconnector Greece-Bulgaria (IGB) is expected in July, said Bulgaria’s Prime Minister Kiril Petkov, Trend reports via Bulgarian media.
“I hope we will gain a great victory in July with the opening of the interconnector with Greece to supply Azerbaijani gas. I will visit Baku this week to approve the volume of supplies. We will be receiving 1 billion cubic meters of gas. I expected that Bulgaria will start receiving one billion cubic meters of gas in July-August at the prices which are several times lower than the market price,” he said.
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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