Monday, 16 July 2012

Survey Complete For Greek-Bulgarian Gas Pipeline

Greece's Environment, Energy and Climate Change ministry on Monday gave the green light for the construction of a natural gas pipeline by approving the environmental survey of the project. The 180-km pipeline will link the Greek city of Komotini with the Bulgarian city of Stara Zagora and will have a transportation capability of 3.0 billion cubic metres of gas annually, with an option of rising 5.0 billion. A metric station will be built in Komotini. The project will be build by Interconnector Greece Bulgaria (ICGB) company, comprising of IGI Poseidon (a joint venture by DEPA and Italy's Edison) and Bulgarian Energy Holding. Construction of the Greek-Bulgarian pipeline is considered of strategic importance for the country and the wider region as will enable gas supplies to Bulgaria and Romania from third sources beyond Russia's Gazprom which is currently the main supplier of the Balkans. The ministry report said that construction of the pipeline will have limited environmental consequences in the region, short-term and reversible. (AMNA)

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