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Bulgartransgaz publishes projects proposals for incremental capacities along Vertical Gas Corridor

Bulgaria’s gas transmission system operator Bulgartransgaz, together with the neighbouring operators DESFA and Transgaz, published for public consultation joint project proposals for the capacity increase at the interconnection points of Kulata/Sidirokastro and Negru Voda 1/Kardam.

The joint project between Bulgartransgaz and DESFA for the capacity increase at the IP Kulata/Sidirokastro in the Greece-Bulgaria direction considers two options. The first one will provide an incremental capacity of 35.4 gigawatt-hours per day (GWh/d) and the indicative value of the investment implementation, including design, procurement and construction, is approximately 108.7 million euros. The second option considered provides for an incremental capacity of 104.4 GWh/d, worth 293.4 million euros.

On the other hand, the joint project with Transgaz for the capacity increase at the IP Negru Voda/Kardam in the Bulgaria-Romania direction will provide 137.2 GWh/d of incremental capacity for a cost of approximately 198.93 million euros.

“These project proposals confirm the commitment of Bulgartransgaz and the other gas transmission operators participating in the Vertical Corridor initiative to provide all the necessary conditions to transport additional quantities of natural gas from south to north. The implementation of the initiative will enhance diversification and security of gas supplies, as well as it will boost competition on the natural gas market in the region,” said Vladimir Malinov, Executive Director of Bulgartransgaz. “The aim of simultaneously publishing the documentation of these strategic projects by the TSOs along the Vertical Corridor route is to provide transparency and security for market participants.”

Recently, the members of the Vertical Corridor agreed to extend their original Memorandum of Understanding (MoU) agreement adding Eustream (Slovakia), GTSOU (Ukraine) and Vestmoldtransgaz (Moldova) to the initiative.

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