“This pipeline is a game changer. It’s a game changer for Bulgaria and for Europe’s energy security. And it means freedom. It means freedom from dependency on Russian gas,” European Commission President Ursula von der Leyen said during an inauguration ceremony in Sofia attended by the leaders of Bulgaria, Greece, Azerbaijan, Romania, Serbia and North Macedonia.
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Greece and Bulgaria started commercial operation of a long-delayed gas pipeline on Saturday which will help decrease southeast Europe’s dependence on Russian gas and boost energy security.
The 182-km pipeline will provide a relief to Bulgaria, which has been struggling to secure gas supplies at affordable prices since the end of April, when Russia’s Gazprom (GAZP.MM) cut off deliveries over Sofia’s refusal to pay in roubles.
Russia has decreased its gas deliveries to Europe after the West imposed sanctions on Moscow over its invasion of Ukraine, leaving European Union countries scrambling to secure alternative supplies amid surging prices.
“This pipeline is a game changer. It’s a game changer for Bulgaria and for Europe’s energy security. And it means freedom. It means freedom from dependency on Russian gas,” European Commission President Ursula von der Leyen said during an inauguration ceremony in Sofia attended by the leaders of Bulgaria, Greece, Azerbaijan, Romania, Serbia and North Macedonia.
“Both here in Bulgaria and across Europe people are feeling the consequences of Russia’s war. But thanks to projects like this, Europe will have enough gas for the winter,” she said.
The Interconnector Greece-Bulgaria (IGB) pipeline will transport 1 billion cubic meters (bcm) of Azeri gas to Bulgaria.
With an initial capacity of 3 bcm per year and plans to later raise this to 5 bcm, the pipeline could provide non-Russian gas to neighbouring Serbia, North Macedonia, Romania and further to Moldova and Ukraine.
t will carry gas from the northern Greek city of Komotini to Stara Zagora in Bulgaria. IGB is linked to another pipeline, part of Southern Gas Corridor that carries Azeri gas to Europe.
On Friday, gas operators in Bulgaria, Romania, Hungary and Slovakia proposed to transport increased Azeri shipments through their networks to central Europe.
The 240 million euro ($235.18 million) pipeline is controlled by a joint venture between Bulgarian state energy company BEH, Greek gas utility DEPA and Italy’s Edison.
10 Comments
Who is the owner ? Is from USA companies ? Just asking. !
A simple diagram showing where the pipeline starts and where it goes would shed some light
Shut up
Finally truth, German people are smart they will actually help revolutionize new energy sources.
Blowing up pipelines is also a game changer. The morons who did it did not think things out all the way.
Got Pipeline leaks?
Pay the bills of EU people or go out from EU Mrs.lier🤥 all what you said until now turned against EU!! You are American spy to backstabbing EU
Trump warned against becoming dependent upon Russian energy years ago. They laughed at him then. Now the US is supplying them at American consumers expensive.
Fantasy pipeline, from Fantastic 4
America, which sells gas at 4 times the price of its Western allies, after it implicated them in the war of Russia and blew up the Nord Stream pipeline, and today it threatens the Organization of the Petroleum Exporting Countries, headed by Saudi Arabia, their ally in the Middle East. .