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Gas interconnector Bulgaria-Greece is ready

29 May 2014 / 10:05:57  GRReporter
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The gas interconnector that will allow the delivery of fuel in the opposite direction is now ready as announced by the Greek gas-transmission company DESFA. The installation is located near Siderokastro town in northern Greece, the value of the investment is 3.3 million euro and it will start operating only at the request of the Bulgarian side. Currently the normal gas flow is from Bulgaria to Greece and it supplies 60% of the Greek market with Russian gas purchased from Gazprom.
    The interconnector will allow changing the direction of the gas flow from Greece to Bulgaria. Thus, the Bulgarian market will be supplied with Azeri gas that is delivered to Greece through Turkey, as well as with gas from the storage on Revithousa island. The shareholders of Trans Adriatic Pipeline are exploring the possibility of supplying gas to all Balkan countries through Greece, whereas separate bilateral relations will be established with Bulgaria.

Tags: Gas interconnector between Bulgaria and GreeceNatural gasGazpromAzerbaijanDESFASidirokastro
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