Text size

Bulgarian energy regulator: Gas interconnector with Greece will not be ready until June 2022

published on 5/26/21 1:23 PM

Ivan Ivanov

Photo: BGNES

The Gas Interconnector Greece-Bulgaria through which gas should be delivered from Azerbaijan, will not be ready by the middle of 2022, said the chairman of the Bulgarian Energy and Water Regulatory Commission, Ivan Ivanov.

"We agreed on the request received from the company ICGB for extension of the term for commissioning of the interconnector from Greece's Komotini to Bulgaria's Stara Zagora until June 30, 2022. This is the foreseeable period during which the interconnector Nea Mesimvria - Siderokastro - Kulata will have to be used for alternative deliveries. And they are absolutely necessary for Bulgaria, because they can have a positive impact on consumers regarding the price of natural gas".

The capacity for deliveries on the current interconnector is reserved only until September, Ivanov warned.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Azerbaijan Azeri gas energy regulator gas interconnector Ivan Ivanov Komotini natural gas

More from category

European Commission with information campaign on adoption of the euro in Bulgaria

Caretaker Deputy Prime Minister and Finance Minister Lyudmila Petkova, Vice President of the European Commission Valdis Dombrovskis and European Commissioner for Economy Paolo Gentiloni signed, in Luxemburg, a partnership agreement between the..

published on 4/12/24 11:18 AM

Political instability deters foreign investment

The country's GDP stands at 64% of the European average. Unlike Romania, we have not yet crossed the 70% threshold. What distinguishes Bulgaria from other countries in the region is that they have higher levels of investment, better rule of law, and..

published on 4/8/24 10:04 AM

Bulgarian company is among the leaders in lavender oil production

Bulgaria is among the largest producers of lavender oil in the world. Nearly 100% of it is export-oriented. The highest demand is in the USA, Germany, France, Austria, The Netherlands, India, Great Britain, Spain, Canada, Marocco,..

published on 4/7/24 8:50 AM