site.btaOver 16.4 Mln MWh Natural Gas Transported through Greece-Bulgaria Interconnector since October 1, 2022

Over 16.4 Mln MWh Natural Gas Transported through Greece-Bulgaria Interconnector since October 1, 2022
Over 16.4 Mln MWh Natural Gas Transported through Greece-Bulgaria Interconnector since October 1, 2022
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More than 16.4 million megawatt hours (MWh) of natural gas were transported through the Greece-Bulgaria Interconnector in the first year of its commercial operation, said the independent transmission system operator ICGB on Monday. The pipeline started operation on 1 October, 2022.

Currently, the interconnector with Greece has a total of 39 registered users. The pipeline operates with a technical capacity of 3 bcm/year, most of which is already booked for the new gas year. The interconnector provides about 50% of Bulgaria's domestic consumption, the ICGB pointed out.

ICGB has also recently started the procedure to study market interest in potentially increasing the pipeline's capacity to 5 bcm/year and indications from the non-binding phase are positive.

The Greece-Bulgaria Interconnector links Bulgaria to the Southern Gas Corridor and is part of the Vertical Gas Corridor.

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By 01:30 on 08.07.2024 Today`s news

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