Greece-Bulgaria gas link operator to press on with expansion to 5 Bcm/year

The operator of the gas interconnector between Greece and Bulgaria is to continue with plans to expand its capacity from the current 3 Bcm/year to 5 Bcm/year despite a lack of market interest in booking additional capacity. Following a successful non-binding market test for the expanded capacity in 2023, ICGB held a binding capacity process last month, with “significantly different”… The operator of the gas interconnector between Greece and Bulgaria is to continue with plans to expand its capacity from the current 3 Bcm/year to 5 Bcm/year despite a lack of market interest in booking additional capacity. Following a successful non-binding market test for the expanded capacity in 2023, ICGB held a binding capacity process last month, with “significantly different”… Read More