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IGB to reshape energy map of South-East Europe – executive director

Eastern Europe Journal 3 years ago

BAKU, Azerbaijan, July 8. The Interconnector
Greece-Bulgaria (IGB) will reshape the energy map of South-East
Europe, said ICGB Executive Officer from the Greek side
Konstantinos Karayannakos, Trend reports.

“The IGB is being developed from the very beginning with a
number of other key projects such as TAP, TANAP and the
Alexandroupolis LNG terminal in mind, and this makes it an integral
part of Europe’s overall energy strategy and priorities. We began
working on this project in a completely different international
environment, but today IGB is more necessary and important than
ever. The Greece-Bulgaria Interconnector is a new route for secure,
diversified supplies, and will reshape the energy map of the
region,” he said addressing IGB’s inauguration ceremony.

The IGB project is of key importance for increasing security of
supply and for ensuring diversification of natural gas sources for
Bulgaria and the region of Southeast Europe. At the regional level,
IGB will provide access to the gas transmission network for
Bulgarian municipalities and regions that didn’t have an option for
connectivity. The interconnector with Greece is an entirely new
route for the transmission of natural gas to Europe and will give
Bulgaria and the region access to supplies from new sources. The
project will connect the country with the Southern Gas Corridor and
has excellent synergy with other major energy projects such as TAP,
TANAP, EastMed and the LNG terminal at Alexandroupolis.

—

Follow the author on Twitter: @Lyaman_Zeyn

Tags: Director Energy Europe executive IGB map reshape SouthEast

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