Bulgaria-Greece Gas Pipeline Gets Interest From Ten Companies To Supply Pipes


Bulgaria-Greece Gas Pipeline Gets Interest From Ten Companies To Supply Pipes

Ten companies have expressed an interest to bid in a 60 million euros (USD 74 million) tender to supply pipes for a 185-km (115 miles) gas pipeline between Greece and Bulgaria (IGB), the Bulgarian energy ministry said on Friday.

ICGB, a joint venture for the 240 million euros pipeline, will select up to five companies to file offers for the tender in April and hopes to pick a winner by the end of June, ICGB executive director Teodora Georgieva said.

Companies from Turkey, India, Russia, Greece, Germany, and Bulgaria, including Welspun Corp. and Salzgitter, have filed requests to participate.

“The project is key for the diversification of energy supplies and will allow access to the South Gas Corridor through which our country and southeastern Europe will get Caspian natural gas,” Energy Minister Temenuzhka Petkova said. Read More…

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