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Greece-Bulgaria Gas Interconnector Flows 1.1TWh In October

NATURAL GAS

The new gas interconnector between Greece and Bulgaria flowed 1.1TWh in the first month of operations, exceeding the target of 889GWh, operator ICGB said.

  • The interconnector started commercial operations on 1 October.
  • At current rates, gas flow via the new pipeline on an annualized basis would be 1.1 Bcm. The link is able to transport up to 3Bcm/yr of gas and is expected to be ramped up to 5Bcm/yr in the coming years.
  • "The quantities of gas currently being transported through the interconnector provide nearly one third of Bulgaria's internal consumption since the beginning of the heating season," ICGB said.
  • The interconnector will allow Bulgaria to take the full 1Bcm/yr it has contracted to buy from Azerbaijan.
Energy BulletsCommodities
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