BAKU, Azerbaijan, Oct.3. The Interconnector Greece-Bulgaria (IGB) provides much-needed alternatives and flexibility for Bulgaria and comes at the right time, Kadri Simson, European Commissioner for Energy, wrote on Twitter, Trend reports.
She noted that it is a remarkable milestone of regional cooperation and a strong achievement of EU infrastructure policy.
“The interconnector Greece-Bulgaria has been a European Project of Common Interest and EU funding is the backbone of the project. It is a crucial achievement for the region,” added Simson.
IGB connects Bulgaria with the Southern Gas Corridor and will enable secure supplies from a variety of sources to several countries in Southeast and Central Europe, including Moldova and Ukraine.
The pipeline is set to transport 1 billion cubic meters of Azerbaijani gas per year to Bulgaria. Its capacity is 3 billion cubic meters with the possibility of expanding to 5 billion cubic meters per year.
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