Bulgarian company Bulgargaz has begun talks with the Azerbaijani side on the continuation of gas supplies via an alternative route, APA-Economics reports citing Bulgargas.
According to the information, agreement for the supply of natural gas from Azerbaijan provides for gas to be delivered to the IGB pipeline (Greece-Bulgaria interconnector) at Komotini, Greece. For various reasons there have been significant delays in the construction of the IGB pipeline.
The last announced date of commissioning for commercial operation is 01.07.2022. In the meantime, Azerbaijani gas deliveries under the Agreement commenced on 31.12.2020. Due to the lack of constructed the IGB pipeline, in 2020 Bulgargaz EAD held negotiations with the Azeri supplier.
The interim arrangement for this Azeri gas route expires at the end of September 2021. Since the commissioning of IGB has been postponed again, currently until 01.07.2022, Bulgargaz EAD has started new negotiations with the Azeri company and is making every effort to negotiate the extension of the agreement to supply larger volumes via the alternative route until 01.07.2022.
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