News

From Bulgaria Bookmark and Share

28.04.2016 14:26
Nine Non-binding Expressions of Interest Received by ICGB
The Market Test will enter into a 2nd binding Bidding Phase further to instruction and approval of the National Regulatory Authorities of Bulgaria and Greece
AUTHOR: publics.bg


  • © ICGB

Nine non-binding Expressions of Interest were received by ICGB AD – the company in charge of realizing the Gas Interconnector Greece-Bulgaria (IGB). A total aggregate capacity of 4.3 bcm/y was requested for gas transportation services in firm forward mode from Greece to Bulgaria and approximately 1 bcm/y was requested for gas transportation services in firm reverse mode from Bulgaria to Greece during the Expressions of Interest Phase, the ICGB press centre said.

The ICGB AD Company, being in charge of realizing the Gas Interconnector Greece-Bulgaria - IGB, announces the completion of the Expression of Interest (EoI) Phase of the Market Test, which is conducted for the purpose of booking capacity in the pipeline.

The deadline of the Expression of Interest Phase expired on April 8th 2016, in accordance with previous deadline extensions approved by the National Regulatory Authorities of Bulgaria and Greece, EWRC and RAE respectively.

The EoI Phase was launched on December the 14th 2015. The EoI Phase has been conducted on the basis of Guidelines and EoI Notice jointly issued by EWRC and RAE, pursuant to Paragraph 6 of article 36 of Directive 2009/73/EC.

“The satisfactory outcome of the EoI Phase is a successful step for ICGB and the development of the IGB Project as part of the envisaged evolution of the Bulgarian, South East and Central European gas markets towards alternative sources and routes of gas supply ensured through the provision of gas transportation services in a vertical direction from the Southern Gas Corridor. The availability of IGB’s capacity will furthermore provide a reliable route for LNG imports into the region through the existing and planned LNG re-gasification capacities in Greece”, Teodora Georgieva and Konstantinos Karayannakos, Executive Officers of ICGB AD, commented.

The Market Test will enter into a 2nd binding Bidding Phase further to instruction and approval of the National Regulatory Authorities of Bulgaria and Greece. The Bidding Phase will provide a process to confirm what will be the actual level of booked capacity on a contractual basis.


TAGS: ICGB | gas | natural gas | expression of interest | market test | interconnector | Greece | Bulgaria | energy 


All news from Bulgaria

No published comments
Login to comment


Interview

20.03.2022  Teodor Bobochikov, Managing Partner, V-Ridium
Energy Transformation – Trends and drivers
Full text

Events

No records in this category!

Poll

What kind of transport do you use to get to work?











 



We use cookies to ensure we give you the best browsing experience on our website. Find out more on how we use cookies and how you can change your settings.

Cookies

What are cookies ?

A cookie is a small text file that a website saves on your computer or mobile device when you visit the site. Cookies are widely used in order to make websites work, or work more efficiently, as well as to provide information to the owners of the site.

How do we use cookies?

Website use Google Analytics, a web analytics service provided by Google, Inc. ("Google") to help analyse the use of this website. For this purpose, Google Analytics uses"cookies", which are text files placed on your computer.

The information generated by the cookies about your use of this website - standard internet log information (including your IP address) and visitor behaviour information in an anonymous form - will be transmitted to and stored by Google including on servers in the United States. Google will anonymize the information sent by removing the last octet of your IP address prior to its storage.

According to Google Analytics terms of service, Google will use this information for the purpose of evaluating your use of the website and compiling reports on website activity.

We not use, and not allow any third party to use the statistical analytics tool to track or to collect any personally identifiable information of visitors to this site. Google may transfer the information collected by Google Analytics to third parties where required to do so by law, or where such third parties process the information on Google`s behalf.

According to Google Analytics terms of service, Google will not associate your IP address with any other data held by Google.

You may refuse the use of Google Analytics cookies by downloading and installing Google Analytics Opt-out Browser Add-on. The add-on communicates with the Google Analytics JavaScript (ga.js) to indicate that information about the website visit should not be sent to Google Analytics.

Cookies are also used to record if you have agreed (or not) to our use of cookies on this site, so that you are not asked the question every time you visit the site.

Google Analytics Opt-out Browser Add-on

How to control cookies?

You can control and/or delete cookies as you wish. You can delete all cookies that are already on your computer and you can set most browsers to prevent them from being placed.

All about cookies

Managing cookies in your browser

Most browsers allow you to:
  • see what cookies you have got and delete them on an individual basis
  • block third party cookies
  • block cookies from particular sites
  • block all cookies from being set
  • delete all cookies when you close your browser

If you chose to delete cookies, you should be aware that any preferences will be lost. Also, if you block cookies completely many websites (including ours) will not work properly and webcasts will not work at all. For these reasons, we do not recommend turning cookies off when using our webcasting services.
X