BEH

ICGB commissions the design of Gas Metering Station Stara Zagora (GIS2) to expand the capacity of the IGB gas pipeline

By
Diana Zaikova

Following a tender in accordance with the Public Procurement Law, ICGB commissions a Bulgarian company to develop a detailed design for the Stara Zagora gas metering station (GIS2), which will expand the capacity of the IGB gas pipeline. The transport operator is working to develop the gas pipeline infrastructure and increase the total technical capacity from 3 billion cubic meters per year to 5 billion cubic meters per year.

Over 1 billion kWh were transferred over the IGB in the first month of commercial operation

By
DIANA ZAYKOVA

Over 1 billion kWh were transferred via the intersystem gas connection Greece-Bulgaria in the first month of commercial operation of the gas pipeline. The total amount of natural gas for the period October 1 - November 1, 2022 amounts to 1,105,908,000 kWh or 95,000,000 cubic meters.

The Energy and Water Regulatory Commission approved a lower gas price for November

By
BLACKSEA-CASPIA

A new reduction in the price of natural gas. The Energy and Water Regulation Commission (EWRC) approved a price of BGN 123.01 per megawatt hour for November. Thus, the reduction compared to October is slightly over 47%. “Bulgargaz” proposed the price to be 123.46, but after calculation, KEVR made the correction.

The initial statement of “Bulgargaz” from the end of October was that we would pay about BGN 130. Due to the continuing tendency for gas to become cheaper on the exchanges, the approved price is lower.

IGB connected to the national gas transmission network of Bulgaria

By
ДИАНА ЗАЙКОВА

The interconnector with Greece is already successfully connected to the national and transit gas transmission network, as well as to neighboring transmission operators, ensuring the physical transmission of gas. The connection of the infrastructure of the two independent transmission operators for Bulgaria - ICGB and Bulgartransgaz - was carried out near Stara Zagora in the period August 16-17. The process is completed with three gold welds.

ICGB introduces a new management model as an independent natural gas transmission operator

By
ДИАНА ЗАЙКОВА

ICGB introduces a new management model in response to the requirements to transform the project company into an independent transmission operator. After the General Meeting of Shareholders (BEH and IGI Poseidon) was held, a new Statute of the company was adopted. The changes are part of ICGB's obligations under the company's certification by the national energy regulators of Greece and Bulgaria, which was announced earlier in July.

The ICGB received the final joint certification decision as an independent transmission operator

By
BLACKSEA-CASPIA

The project company ICGB received the final joint certification decision as an independent transmission operator. It was handed to the two executive directors Teodora Georgieva and Konstantinos Karayanakos by the chairmen of the national energy regulators of Bulgaria and Greece KEVR and RAE - Stanislav Todorov and Athanasios Dagoumas.

Bulgarian parliament ratifies IGB loan agreement

By
Leman Zeynalova, Trend.az

Bulgarian Parliament has ratified the guarantee agreement between Bulgaria and the European Investment Bank under the contract of October 10 this year between the European Investment Bank and the Bulgarian Energy Holding EAD to finance the Interconnector Greece-Bulgaria (IGB) project, “Trned.az” reports citing Radio Bulgaria.

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