Its construction gas pipeline between Of Bulgaria and her Of Greece will be completed by the end of June, said today Prime Minister Kirill Petkov to journalists during an inspection of the construction of the interconnector Greece -Bulgaria from the village of Malko Kadievo near the town of Stara Zagora in southern Bulgaria, together with the Minister of Energy.
According to Petkov, the work of the project in the last three months has progressed as much as the whole of the previous year. He pointed out that he has very good communication with the Greek Prime Minister Kyriako Mitsotaki.
The pipelines have been installed, and the gas will flow on July 1, according to Energy Minister Nikolai Nikolov. The investment decision for the project was adopted in 2015. The project is implemented by the IGB consortium, in which the Bulgarian state, through the holding company Bulgarian Energy Holding, and the Greek-Italian company IGI Poseidon participate with equal shares. According to Minister Nikolov, there is a possibility to increase the capacity from three to five billion cubic meters per year, given the imminent commissioning of the planned terminal in Alexandroupolis, where the Bulgarian state already holds a 20% stake.
Kirill Petkov stressed the importance of the Greece-Bulgaria gas interconnector for the diversification of gas supply sources.
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