IGB’s capacity may increase upon active market interest

Gas Materials 20 September 2022 13:42
Baku, Azerbaijan Trend News Agency Leman Zeynalova
IGB’s capacity may increase upon active market interest

The Interconnector Greece-Bulgaria (IGB), which envisages transportation of Azerbaijani gas, is expected to see increase of the total capacity reaching 5 bcm/y from the current 3 bcm/y, the ICGB, the project company, told Trend.

“Upon active market interest in booking of the pipeline’s available capacity and given the ongoing war in Ukraine, strengthening Europe’s determination to limit Russian gas supplies in the future, IGB is expected to see increase of the total capacity reaching 5 bcm/y,” said the company.

ICGB noted that This can be achieved through building a compressor station in Komotini, Greece. Such a plan has already seen approval by the Greek national operator DESFA and is expected to be completed about the same time as the completion of the LNG terminal near Alexandroupolis.

“The LNG terminal is being developed in great synergy with the IGB pipeline and together, the two energy infrastructure projects will form an entirely new, secure gateway for energy deliveries to the SEE region and the Western Balkans.”

The IGB project is of key importance for increasing security of supply and for ensuring diversification of natural gas sources for Bulgaria and the region of Southeast Europe. At the regional level, IGB will provide access to the gas transmission network for Bulgarian municipalities and regions that didn’t have an option for connectivity. The interconnector with Greece is an entirely new route for the transmission of natural gas to Europe and will give Bulgaria and the region access to supplies from new sources. The project will connect the country with the Southern Gas Corridor and has excellent synergy with other major energy projects such as TAP, TANAP, EastMed and the LNG terminal at Alexandroupolis.