{"id":4972,"date":"2016-05-04T09:24:34","date_gmt":"2016-05-04T09:24:34","guid":{"rendered":"http:\/\/188.164.206.52\/?p=4972"},"modified":"2025-10-08T12:44:59","modified_gmt":"2025-10-08T09:44:59","slug":"nine-non-binding-expressions-of-interest-received-by-icgb-ad-the-company-in-charge-of-realizing-the-gas-interconnector-greece-bulgaria","status":"publish","type":"post","link":"https:\/\/www.depa.gr\/en\/nine-non-binding-expressions-of-interest-received-by-icgb-ad-the-company-in-charge-of-realizing-the-gas-interconnector-greece-bulgaria\/","title":{"rendered":"Nine non-binding Expressions of Interest received by ICGB AD \u2013 the company in charge of realizing the Gas Interconnector Greece-Bulgaria"},"content":{"rendered":"
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Nine non-binding Expressions of Interest were received by ICGB AD \u2013 the company in charge of realizing the Gas Interconnector Greece-Bulgaria (IGB). A total aggregate capacity of 4.3 bcm\/y\u00a0\u00a0was requested for gas transportation services in firm forward mode from Greece to Bulgaria and approximately 1 bcm\/y was requested for gas transportation services in firm reverse mode from Bulgaria to Greece during the Expressions of Interest Phase., for .<\/p>\n

The ICGB AD Company, being in charge of realizing the Gas Interconnector Greece-Bulgaria – IGB, announces the completion of the Expression of Interest (EoI) Phase of the Market Test, which is conducted for the purpose of booking capacity in the pipeline.<\/p>\n

The deadline of the Expression of Interest Phase expired on April 8th 2016, in accordance with previous deadline extensions approved by the National Regulatory Authorities of Bulgaria and Greece, EWRC and RAE respectively.<\/p>\n

The\u00a0EoI Phase was launched on December the 14th 2015. The EoI Phase has been conducted on the basis of Guidelines and EoI Notice jointly issued by EWRC and RAE, pursuant to Paragraph 6 of article 36 of Directive 2009\/73\/EC .<\/p>\n

\u201cThe satisfactory outcome of the EoI Phase is a successful step for ICGB and the development of the IGB Project as part of the envisaged evolution of the Bulgarian, South East and Central European gas markets towards alternative sources and routes of gas supply ensured through the provision of gas transportation services in a vertical direction from the Southern Gas Corridor. The availability of IGB\u2019s capacity will furthermore provide a reliable route for LNG imports into the region through the existing and planned LNG re-gasification capacities in Greece\u201d, Teodora Georgieva and Konstantinos Karayannakos, Executive Officers of ICGB AD, commented.<\/p>\n

The Market Test will enter into a 2nd binding Bidding Phase further to instruction and approval of the National Regulatory Authorities of Bulgaria and Greece. The Bidding Phase will provide a process to confirm what will be the actual level of booked capacity on a contractual basis.<\/p>\n

For more information:<\/strong><\/p>\n