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On 3 April 2015 Bulgartransgaz EAD has signed a Grant Agreement No.INEA/CEF/ENER/M2014/0014 for the realization of a Feasibility study for the Interconnection Turkey-Bulgaria.
The Action with number 7.4.2-0061-BG-S-M-14 is part of the project of common interest 7.4.2. Interconnection Turkey – Bulgaria which was selected to receive financial support under the Connecting Europe Facility CEF-Energy with a decision of the European Commission of 21 November 2014.
The total value of the study is estimated at EUR 380 000 of which the grant aid under the Connecting Europe Facility amounts to EUR 190 000.
The Interconnection Turkey – Bulgaria (the ITB) is a project for the development of the interconnection of the gas transmission networks of Bulgartransgaz EAD, Bulgaria, and Botas, Turkey, to secure an opportunity for diversification of natural gas sources, the supplying partners and the routes. The realization of the project will increase the security of supply to the region and boost the competition. The interconnection is one of the projects that will contribute to the realization of the priority Southern gas corridor, providing for an infrastructure to transport gas from the Caspian basin, Central Asia, the Middle East and the Eastern Mediterranean basin to the EU to increase the diversification of gas supply.
More information on the project „7.4.2. Interconnection Turkey-Bulgaria” is available here
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