The independent transmission operator ICGB will conduct annual auctions on July 7th and 21st for firm and interruptible capacity on the Greece-Bulgaria gas interconnector, offering participants a chance to secure key gas transmission capacity.
ICGB will hold its annual auctions for the available capacity of the Greece-Bulgaria gas interconnector, offering firm products on July 7 and interruptible products on July 21. The auctions will cover capacity at the interconnection points (IPs) with TAP, DESFA, and Bulgartransgaz.
Firm products will be available for the next five consecutive gas years. Capacity at the IPs with DESFA and TAP will be sold on a competitive basis, while interruptible reverse (virtual) capacity will be offered for the 2025/2026 gas year.
The auctions will be hosted on the PRISMA platform for TAP and DESFA interconnections, while the Regional Booking Platform (RBP) will be used for the Stara Zagora IP with Bulgartransgaz.
ICGB encourages market participants to submit bids, as this move plays a crucial role in enhancing the region’s energy independence. The interconnector, which started operations less than three years ago, has over 45 registered users and is vital for diversifying gas supplies to Southeast Europe. It currently covers a significant portion of Bulgaria's domestic gas consumption.
With a pipeline length of 182 km and a design capacity of 3 billion m³/year, the IGB interconnector could expand to 5 billion m³/year depending on market demand and regional system capacities.
U.S. President Donald Trump said on Thursday that a large U.S. naval force was heading towards Iran, even as American officials stressed that Washingt...
U.S. President Donald Trump said on Thursday that the United States intends to bid to host the World Expo 2035, backing Miami, Florida, as the propose...
United Nations agencies have taken over management of vast detention camps in northeastern Syria housing tens of thousands of people associated with I...
Turkish President Recep Tayyip Erdoğan has told his Iranian counterpart Masoud Pezeshkian that Türkiye opposes any form of foreign intervention in I...
NATO’s new 5% of GDP defence pledge shows renewed unity and focus on collective security, Deputy Secretary General Radmila Shekerinska told AnewZ in...
U.S. President Donald Trump said on Thursday that a large U.S. naval force was heading towards Iran, even as American officials stressed that Washington hoped to avoid new military action amid heightened tensions with Tehran.
U.S. President Donald Trump said on Thursday that the United States intends to bid to host the World Expo 2035, backing Miami, Florida, as the proposed host city and promising major economic benefits if the bid is successful.
United Nations agencies have taken over management of vast detention camps in northeastern Syria housing tens of thousands of people associated with Islamic State (IS), after Kurdish-led forces guarding the sites withdrew amid clashes with Syrian government troops.
Turkish President Recep Tayyip Erdoğan has told his Iranian counterpart Masoud Pezeshkian that Türkiye opposes any form of foreign intervention in Iran, as protests and economic pressures continue to fuel tensions in the Islamic republic.
Qarabağ claimed a late 3–2 victory over Eintracht Frankfurt in the UEFA Champions League on Wednesday night, scoring deep into stoppage time to secure a dramatic home win in Baku.
Russian President Vladimir Putin said on Wednesday that Moscow could pay $1 billion from Russian assets frozen abroad to secure permanent membership in President Donald Trump’s proposed ‘Board of Peace’.
“I’m seeking immediate negotiations to once again discuss the acquisition of Greenland by the U.S.,” US President Donald Trump told the World Economic Forum. During his Wednesday (21 January) address, he once more cited national security concerns as the reason for wanting to own the Arctic island.
A commuter train collided with a construction crane in southeastern Spain on Thursday (22 January), injuring several passengers, days after a high-speed rail disaster in Andalusia killed at least 43 people.
President Donald Trump says he has agreed a "framework" for a Greenland deal with NATO.
U.S. President Donald Trump said on Thursday that a large U.S. naval force was heading towards Iran, even as American officials stressed that Washington hoped to avoid new military action amid heightened tensions with Tehran.
U.S. President Donald Trump said on Thursday that the United States intends to bid to host the World Expo 2035, backing Miami, Florida, as the proposed host city and promising major economic benefits if the bid is successful.
Turkish President Recep Tayyip Erdoğan has told his Iranian counterpart Masoud Pezeshkian that Türkiye opposes any form of foreign intervention in Iran, as protests and economic pressures continue to fuel tensions in the Islamic republic.
U.S. Vice President JD Vance is due to visit Minneapolis on Thursday to show support for federal immigration agents, as tensions continue to rise following weeks of protests, a fatal shooting involving an Immigration and Customs Enforcement (ICE) officer, and claims that children have been detained.
France has intercepted a Russian oil tanker in the western Mediterranean over suspicions it was operating as part of Moscow’s “shadow fleet,” a network of vessels accused of helping Russia evade international sanctions, French authorities said on Thursday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment