Bulgaria Starts Searching Suppliers for Gas Link with Romania

Business » ENERGY | April 18, 2013, Thursday // 14:11
Bulgaria: Bulgaria Starts Searching Suppliers for Gas Link with Romania Kiril Temelkov, CEO of state-owned gas transmission operator Bulgartransgaz, photo by dariknews.bg

A procedure for filling the entire capacity of the Ruse-Giurgiu section of the Bulgaria-Romania gas grid interconnection, which is currently being built, will be announced in May, according to Kiril Temelkov, CEO of state-owned gas transmission operator Bulgartransgaz.

Bulgaria's Bulgartransgaz and Romania's Transgaz are implementing the project which is to allow a diversification of gas supply sources away from Russia's Gazprom.

Stressing the importance of the energy diversification project, Temelkov, as cited by mediapool.bg, reminded that the gas grid interconnection had been granted co-financing of EUR 8.9 M by the European Commission

Temelkov argued that the construction of the gas grid interconnection proceeded according to an optimized schedule after a discovery of a necropolis on the route of the Bulgarian overland section near the Danube town of Marten in end-2012 delayed the activities.

The CEO of Bulgartransgaz informed that the construction works for the 2.5km undersea section of the pipe had started in March and the pipe was actively being built, with plans to launch the gas grid interconnection in mid-2013.

He said that the search for suppliers of natural gas for the pipe was expected to start with the launch of the so-called open season.

Temelkov noted that the launch of the open season would be preceded by an approval by the State Commission for Energy and Water Regulation (DKEVR) of Bulgartransgaz' rules regulating access to Bulgaria's gas grid and the company's internal rules on holding open seasons.

He informed that the pipe would have different capacities for gas transmission from Romania to Bulgaria and in the opposite direction.

The CEO of Bulgartransgaz said that the gas link would have a maximum capacity of 1.5 billion cubic meters of gas per year in the direction from Bulgaria to Romania, while the minimum capacity in the direction from Romania to Bulgaria would be 500 million cubic meters of gas per year.

He added that gas suppliers had already shown interest in using the Bulgaria-Romania gas grid interconnection.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Energy » Be a reporter: Write and send your article
Tags: Kiril Temelkov, Bulgartransgaz, gas grid interconnection, Transgaz, EU funding, State Commission for Energy and Water Regulation, DKEVR

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria