SeenewsSeenews
Search
Seenews
AlertsSeenewsSeenews
Searchclose
TOPICS
arrow
COUNTRIES
arrow
INDUSTRY
arrow
Economy
arrow
Browse Economy
Mix and match your focus countries with our advanced search
Investments
arrow
Browse Investments
Mix and match your focus countries with our advanced search
Deals
arrow
Browse Deals
Mix and match your focus countries with our advanced search
SEE TOP 100
arrow
Browse SEE TOP 100
Latest in SEE TOP 100
Tech
arrow
Browse Tech
Mix and match your focus countries with our advanced search
Green
arrow
Browse Green
Mix and match your focus countries with our advanced search
0/5
You have 5 free articles left this month
You have 0/5 free articles
Sign up to get 5 more free articles this month
SIGN UP
arrow
LOGIN
arrow

Bulgaria-Greece gas link capacity booked at 94% in Dec

Jan 11, 2023, 3:20:32 PMArticle by Antonia Kokalova-Gray
share
January 11 (SeeNews) - The Bulgaria-Greece natural gas interconnector reached a booking rate of 94% on its capacity in December last year, after being commissioned on October 1, developer and independent transmission operator ICGB said on Wednesday.

Bulgaria-Greece gas link capacity booked at 94% in Dec
Greece-Bulgaria natural gas interconnector. Image: ICGB.

The natural gas carried via the pipeline in its first three months of operation reached 4.875 million megawatt hours (MWh), ICGB said in a press release.

The interconnector has 11 registered users at present. In November, Axpo Bulgaria, a division of Swiss energy group Axpo, became the latest company with a licence to book capacity on the IGB.

The 182-kilometre, 253 million euro ($271.6 million) pipeline, has a total capacity of 3 billion cubic metres (bcm) per year, with 1.57 bcm already booked under long-term contracts of up to 25 years. It has been providing about one-third of the natural gas consumed in Bulgaria during the current heating season.

($ = 0.9315 euro)

Your complete guide to the emerging economies of Southeast Europe. From latest news to bespoke research – the big picture at the tip of your fingers.