“92% of the Gas Interconnector Greece-Bulgaria, ICGB, is ready. The interconnector will be ready by the end of June, and will be tested with gas as of July,” Teodora Georgieva, Bulgarian Executive Officer of the company ICGB which is constructing the interconnector said for public service TV BNT.
"The 182-km. long linear part of the pipeline is ready. The pipes have been laid and covered, tests have been conducted. Besides Covid-19, the construction work has also been slowed down by delayed crane deliveries, but they too have now been tested. What remains is the construction of the gas stations in Stara Zagora in Bulgaria and in Komotini in Greece. The construction company is due to pay damages of EUR 90,000 per every day of delay after the beginning of 2022. The pipe’s capacity, which is 3 million cubic metres, and it has already been reserved," Teodora Georgieva said.
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Membership in the European Union and Bulgaria’s upcoming adoption of the euro on January 1, 2026, are supporting the country’s institutions and governance stability, but corruption remains a significant challenge, according to the latest country..
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