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Over 12.7 million MWh transported through the IGB pipeline since its commercial launch

For the first half of 2023, over 7.8 million megawatt-hours (MWh) were transported via the Bulgaria-Greece gas interconnector (ICGB) while 80 per cent of the capacity for the next gas year is successfully booked, reports the operator of the pipeline.

IGB connects to the Trans Adriatic Pipeline (TAP), making Bulgaria part of the Southern Gas
Corridor and enabling access to secure natural gas deliveries from diversified sources both
for the country and the wider region.

“In just the first 6 months of 2023, the transported quantities amount to a total of 7.8
million MWh. This is the equivalent of 669 million normal cubic metres”, announced ICGB’s
Executive Officers Teodora Georgieva and George Satlas. According to them, the Greece –
Bulgaria Interconnector currently has a total of 22 registered users.

The current capacity of the pipeline connecting the gas transmission systems of Greece and
Bulgaria is 3 billion cubic metres (bcm) per year and 1.57 bcm/y are already booked under long-term contracts lasting up to 25 years. The remaining capacity is successfully being auctioned for different periods on the European platforms PRISMA and RBP.

Recently, the independent transmission system operator ICGB responsible for the pipeline’s
operations launched an incremental capacity procedure to explore the market’s interest in
increasing the interconnector’s capacity to 5 bcm/y.

“In close cooperation with other system operators in the region and considering the pipeline’s synergy with other projects such as the terminal in Alexandroupolis and the Trans-Balkan Gas Pipeline, IGB is planned to develop further, strengthening its strategic role in the SEE region”, Ms Georgieva and Mr Satlas noted.

The IGB gas pipeline creates an entirely new route through Bulgaria for the transportation of natural gas from new sources to a number of countries, including Moldova and Ukraine.

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