...

IGB to reshape energy map of South-East Europe – executive director

Oil&Gas Materials 8 July 2022 21:06
IGB to reshape energy map of South-East Europe – executive director

BAKU, Azerbaijan, July 8. The Interconnector Greece-Bulgaria (IGB) will reshape the energy map of South-East Europe, said ICGB Executive Officer from the Greek side Konstantinos Karayannakos, Trend reports.

“The IGB is being developed from the very beginning with a number of other key projects such as TAP, TANAP and the Alexandroupolis LNG terminal in mind, and this makes it an integral part of Europe's overall energy strategy and priorities. We began working on this project in a completely different international environment, but today IGB is more necessary and important than ever. The Greece-Bulgaria Interconnector is a new route for secure, diversified supplies, and will reshape the energy map of the region,” he said addressing IGB’s inauguration ceremony.

The IGB project is of key importance for increasing security of supply and for ensuring diversification of natural gas sources for Bulgaria and the region of Southeast Europe. At the regional level, IGB will provide access to the gas transmission network for Bulgarian municipalities and regions that didn’t have an option for connectivity. The interconnector with Greece is an entirely new route for the transmission of natural gas to Europe and will give Bulgaria and the region access to supplies from new sources. The project will connect the country with the Southern Gas Corridor and has excellent synergy with other major energy projects such as TAP, TANAP, EastMed and the LNG terminal at Alexandroupolis.

Tags:
Latest

Latest