Balkans: The troubled IGB pipeline in flesh and blood

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Approximately 145 million euros is expected to be available shortly by the ICGB consortium managing the Gas Interconnector Greece-Bulgaria gas pipeline on the occasion of the call for tender for the design and construction of the project.

This tender foresees the completion of the gas pipeline within 18 months. The launch is planned for the end of this year.

Ebn 1aThe selection of a sponsor or consortium will take place in two phases, a pre-selection, where ICGB will determine who candidates have the financial and technical capacity to support the project, and a definitive bid by the stakeholders.

“The IGB pipeline is a key project and is a priority for Bulgaria as well as for Greece, but at the same time it is also an…

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