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IGB operator to offer capacity for November soon

Oil&Gas Materials 11 October 2022 17:23 (UTC +04:00)
IGB operator to offer capacity for November soon
Laman Zeynalova
Laman Zeynalova
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BAKU, Azerbaijan, October 11. The independent transmission system operator ICGB will offer monthly capacity for the Interconnector Greece-Bulgaria (IGB) for November in an auction on 17.10.2022 on two leading European platforms - PRISMA and RBP, the ICGB told Trend.

"The quantities of natural gas supplied daily by ICGB via the interconnector provide Bulgaria and the wider region with a new reliable source of gas, helping us to ensure security and diversification of supply in a difficult period both for the European countries in general and for businesses and individual consumers as well," said ICGB Executive Officers Teodora Georgieva and George Satlas. According to them, daily requests for gas transportation through the pipeline are being fulfilled on schedule and no technical issues have been encountered in the first days of operation of the facility.

The interconnector Greece-Bulgaria has a total capacity of 3 billion cubic meters per year, with more than half already booked under long-term contracts lasting up to 25 years. Free capacity is offered with full transparency on two of the largest European platforms. At full capacity, the gas pipeline can provide almost all of Bulgaria's winter consumption.

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