Bulgaria Gives Green Light to Establishment of JV on Gas Link with Greece

Bulgaria Gives Green Light to Establishment of JV on Gas Link with Greece

Bulgaria's government on Wednesday said it gave the green light to the establishment of a Bulgarian-Greek joint venture to build, own and operate an interconnection gas link.

"The government gave permission for the establishment of a joint stock company between Bulgarian Energy Holding (BEH) and IGI Poseidon to build, own and operate the Bulgaria - Greece interconnection gas link,"  the cabinet said in a statement.

IGI Poseidon is a 50/50 partnership between Greece's DEPA and Italy's Edison.

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