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ICGB launches first phase of the process incremental capacity process

The independent transmission system operator ICGB, responsible for the management and commercial operations of the Interconnect Greece-Bulgaria gas pipeline is initiating the mandatory process for assessing market demand for incremental capacity.

The process is split into two main phases – non-binding and binding phase and in general
has a duration of two years. It will be implemented in close cooperation with adjacent
transmission system operators (TSOs), Bulgartransgaz (Bulgaria), DESFA (Greece) and the
Trans-Adriatic Pipeline (TAP). It will explore whether there are grounds to increase the
existing technical capacity of the Greece-Bulgaria interconnector.

Currently operating with a capacity of approximately 3 billion cubic metres per year (bcm/y), the interconnector can reach over 5 bcm/y with an additional investment depending on the market interest. This can happen in line with the planned launch of the LNG terminal in Alexandroupolis, in Greece due to the close proximity of the two infrastructures and their great synergy.

“We have taken actions to coordinate the process with the three adjacent TSOs and they have confirmed the initiation of the incremental process on their side. By enabling our interconnection point with DESFA and the LNG terminal in Alexandroupolis, we will effectively create a link between global LNG producers and traders and the Southeast European gas market. This connectivity can foster regional energy cooperation, improve supply options, and support the integration of gas markets in the region”, ICGB’s Executive Officers Teodora Georgieva and George Satlas noted.

On 3 July ICGB launched the first phase of the process where all interested parties are
invited to submit their non-binding demand indications no later than 28 th of August.

According to Georgieva and Satlas, ICGB is still exploring the possibility of optimising the
process and offering incremental capacity earlier than the 2-year period of the full
procedure. As it is a joint process, the company will hold regular discussions with the
adjacent TSOs to align and ensure a coordinated timeline on both sides of the
interconnection points at Stara Zagora and Komotini.

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