March 23 (SeeNews) - Bulgarian firm DZI - General Insurance was the only company to submit an offer in a 2.7 million euro ($2.95 million) tender for insurance of a natural gas interconnector between Bulgaria and Greece, official data showed.
The offer was opened on March 22, according to data released in the public procurement register on Wednesday.
The proposed price was not disclosed.
The tender was called by gas transmission company ICGB earlier in March. The planned contract envisages insurance against all risks of property damage, including machinery breakdown and operation disruption. The potential agreement will also cover general liability insurance, insurance against terrorism, sabotage, riots, strikes, civil disturbances and malicious acts.
The 182-kilometre, 253 million euro pipeline, has a total capacity of 3 billion cubic metres (bcm) per year, with 1.57 bcm already booked under long-term contracts of up to 25 years.
Since the gas pipeline was put into commercial operation on October 1, a total of 7.9 million megawatt hours have been transported through it, ICGB said earlier in March. As of the end of February, the interconnector had a total of 15 registered users, the company added.
($ = 0.9159 euro)