Bulgaria, Greece to Sign Investment on Gas Interconnector

Bulgaria, Greece to Sign Investment on Gas Interconnector

Bulgaria and Greece's Energy Ministers are to sign on Thursday the investment agreement to build a gas interconnector that will help bring supplies from Azerbaijan to Bulgaria and further north.
Interconnector Greece-Bulgaria (IGB) will be managed by ICGB, a joint venture of the Bulgarian Energy Holding and IGI Poseidon (Greece). Its initial capacitz will be 3-5 billion cubic meters per year.
Panos Skourletis, Greece's Energy Minister, will attend the ceremony at the Council of Ministers' building in Sofia, alongside Bulgarian counterpart Temenuzhka Petkova and Bulgarian Deputy PM Tomislav Donchev.
Bulgaria's Prime Minister Boyko Borisov has also been invited.
IGB is listed among the EU Commission's Projects of Common Interest (PCI), which means the Commission is firmly standing behind the project to boost security of supplies.

Sofia News Agency

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