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Bulgaria and Greece strike gas interconnector agreement
Gas network operators in Bulgaria and Greece have signed an interconnection agreement allowing gas – including LNG – to be transported between the two countries, starting 1 July 2016, writes Keith Nuthall.
The deal was struck between the network operators for Bulgaria and Greece – Bulgartransgaz and DESFA. It will enable companies from both sides and other countries to make north- or southbound deliveries, boosting gas movements between Greece, Turkey, Macedonia and Ukraine.
This liberalising agreement is expected to be followed by similar agreements between Bulgartransgaz and Romanian operator Transgaz; and between Transgaz and Ukraine’s transmission system operator Ukrtransgaz, which last year (2015) signed a gas transport deal with Hungary’s FGSZ.
These agreements have been promoted by a Central and South Eastern Europe Gas Connectivity (CESEC) initiative launched in 2015 by the European Union and its associated Energy Community group.
News Item details
Journal title: Petroleum Review
Subjects: Economics, business and commerce, Gas transmission, Transport, Liquefied natural gas, Gas, Interconnectors
