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Detail – Energy Country Profile

EIA approved for Gas Interconnector Greece-Bulgaria project

Greece has ratified the Environmental Impact Assessment (EIA) for the Interconnector Greece-Bulgaria (IGB) gas pipeline project, expected to transport 3 bcm/year at an initial phase, to be progressively raised to 5 bcm/year.

The 182km-long IGB pipeline will connect Komotini (north-eastern Greece) and Stara Zagora (Bulgaria). It is estimated to cost about €220m, of which €45m will be financed through the European Energy Programme for Recovery (EEPR). It was also included by the European Commission in a proposal to the European Parliament for funding through the Projects of Common Interest (PCI) programme, a final decision on which is expected by mid-2014. Construction should start in autumn 2014 and the commissioning is expected in early 2016.

Source: 28 October 2013