DESFA Signs Agreement Linking Gas Grids from Greece up to Hungary and Ukraine

DESFA Signs Agreement Linking Gas Grids from Greece up to Hungary and Ukraine

The Greek gas transmission system operator DESFA on Wednesday signed a memorandum of cooperation with its Bulgarian, Romanian and Hungarian counterparts - Bulgartransgaz, Transgaz and FGSZ, respectively - for the linking of their gas grids via a "vertical gas corridor" running from Greece to Hungary and Ukraine.
The agreement was signed in Bucharest and also includes the ICGB AD consortium, the contractor for the Greece-Bulgarian Interconnector (IGB) pipeline project. It calls for the cooperation of all the companies to promote the vertical gas corridor interconnector gas pipelines.
DESFA noted that this involves a combination of projects and actions that include intervention in existing grids and agreements for connected systems with common rules, enabling two-directional transportation of natural gas from Greece to Hungary and Ukraine.
It was preceded by an agreement signed by Greece and Bulgaria on June 1 that allows reverse flow of natural gas between the two countries.

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