The Interconnector Greece-Bulgaria (ICGB) pipeline has transported more than 962 million cubic meters of natural gas, as per reports. The ICGB has a capacity of up to 3 billion m3 per year for gas transportation, but the capacity allows for potential expansion up to 5 billion m3 per year.
May 29, 2023
The Interconnector Greece-Bulgaria (ICGB) has reportedly transported over 11.3 million megawatt-hours or more than 962 million cubic meters of natural gas. As per reports, the interconnector has become the supplier for almost one-third of Bulgaria’s winter natural gas consumption, since the start of the current heating season. Serving as the primary pathway for diverse natural gas supplies to Bulgaria, the Interconnector Greece-Bulgaria ensures enhanced supply security and source diversification.
This development significantly contributes to fostering competition within the natural gas market, thereby enabling optimized prices for both businesses and domestic consumers in the country. The gas pipeline covers a total distance of 182 km with a diameter of 32 inches. The ICGB has been designed with a capacity of up to 3 billion m3 per year for gas transportation from Greece to Bulgaria. However, the interconnector’s capacity allows for potential expansion up to 5 billion m3 per year, considering the market demand and the capabilities of neighboring gas transmission systems. This capacity can be achieved by constructing an additional compressor station to accommodate higher volumes of gas.