Bulgaria, Greece agree on gas link project issues.

By bne IntelliNews September 23, 2010

Bulgarian economy minister Traycho Traykov and the Greek minister for the environment, energy and climate change Tina Birbili agreed on all the issues concerning the construction of the natural gas link between the national grids of the two countries, the Bulgarian economy and energy ministry informed. The negotiations are to continue on corporate level between the two state companies DEPA and Bulgarian Energy Holding. The 170-km link between the Bulgarian southern city of Stara Zagora and the Greek Komotini is valued at EUR 130mn, EUR 45mn of which will come from the EU economic recovery package. Construction works are to start next year and the project should be completed in 2013. The facility will transit 3-5bn cubic metres a year.

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