Text size

Bulgarian energy regulator: Gas interconnector with Greece will not be ready until June 2022

published on 5/26/21 1:23 PM

Ivan Ivanov

Photo: BGNES

The Gas Interconnector Greece-Bulgaria through which gas should be delivered from Azerbaijan, will not be ready by the middle of 2022, said the chairman of the Bulgarian Energy and Water Regulatory Commission, Ivan Ivanov.

"We agreed on the request received from the company ICGB for extension of the term for commissioning of the interconnector from Greece's Komotini to Bulgaria's Stara Zagora until June 30, 2022. This is the foreseeable period during which the interconnector Nea Mesimvria - Siderokastro - Kulata will have to be used for alternative deliveries. And they are absolutely necessary for Bulgaria, because they can have a positive impact on consumers regarding the price of natural gas".

The capacity for deliveries on the current interconnector is reserved only until September, Ivanov warned.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Azerbaijan Azeri gas energy regulator gas interconnector Ivan Ivanov Komotini natural gas

More from category

Bulgaria has met the Eurozone inflation standard in 2024

Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..

published on 1/15/25 11:50 AM

Unions and businesses protest against hike in industrial electricity prices

Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..

published on 1/9/25 1:13 PM

Eurozone entry could bring benefits for Bulgarian businesses and economy

Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..

published on 1/8/25 11:37 AM