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26.06.2017 16:17
Bulgaria to Announce Tender for Balkan Gas Hub in July
Gas grid operator Bulgartransgaz has applied for gratuitous funding under the Connecting Europe Facility (CEF), which is expected to fund half of the nearly EUR 2 million- deal’s cost

  • © Bulgarian Ministry of Energy

Bulgaria will announce a tender for a feasibility study of the planned Balkan natural gas hub near Varna, Vladimir Malinov, legal department leader at gas grid operator Bulgartransgaz, said during a meeting of the parliamentary energy commission in Varna.

“Our plan is to conclude a contract with a contractor as soon as possible, so that we can start discussing all possible routes of new gas transport infrastructure, so that the existing one could be used in an effective way”, Malinov said.

He explained that Bulgartransgaz has applied for gratuitous funding under the Connecting Europe Facility (CEF), which is expected to fund half of the nearly EUR 2 million- deal’s cost. According to Malinov, Bulgartransgaz could receive up to EUR 920,000 from CEF, and provide the rest via own finance, Darik Radio reported.

TAGS: Bulgaria | gas hub | natural gas | energy | funding | Balkan gas hub | infrastructure | tender | contractor | Connecting Europe Facility 

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