Greece Issues Installation Permit for Gas Link with Bulgaria

Greece Issues Installation Permit for Gas Link with Bulgaria

ICGB, the company developing the Gas Interconnector Greece-Bulgaria project, said on Wednesday that it received an installation permit for the gas link from the Greek energy ministry on February 7. "This key permit is an important milestone, following the already issued Installation Act for the territory of the Hellenic Republic and the corresponding construction permit that was issued in Bulgaria in September 2017," ICGB said in a statement. The last regulatory step before the start of construction works is an Independent Natural Gas System license, which is expected to be issued by the Greek Regulator RAE in the second quarter of 2019. Last month, the ICGB said that following pre-selection it has invited five candidates to submit an offer for a 145 million euro contract for design, procurement and construction of the gas link.

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