COMPANIES ECONOMY ENERGY

Giurgiu-Ruse gas interconnector, to be completed this year

Bulgartransgaz, Bulgaria’s natural gas transmission company, has selected an Austrian company for the completion of works on the gas interconnector between natural gas grids of Romania and Bulgaria, Bulgarian Energy Minister Temenuzka Petkova stated on Thursday, BTA informs. Petkova added that the interconnector is expected to be completed in the second half of this year.

The project is jointly implemented by Transgaz and Bulgartransgaz, the two countries’ natural gas transmission companies. For this project, the two companies received grants of up to EUR 8.9 M from the European Energy Programme for Recovery (EEPR).

The Giurgiu-Ruse pipeline will have a total length of approximately 25 km – 15.4 km on Bulgarian territory, 5.2 km on Romanian territory and 4.14 km under the Danube River. Two metering stations will also be built. The Giurgiu-Ruse natural gas pipeline will have a maximum capacity of 1.5 billion cubic metres per year from Bulgaria to Romania, and 500 million cubic metres per year from Romania to Bulgaria.

Related posts

Number of individuals with outstanding debts to banks, NBFIs drops to 611,613 in October

Nine O' Clock

Eurostat: Romania – greatest economic growth in EU in 2017 Q1

Nine O' Clock

Debt-to-equity swap law would not hurt if approved as per motivation, says central bank governor

Nine O' Clock