The Greece-Bulgaria (IGB) natural gas pipeline, which will be inaugurated on Friday, in Komotini, in the presence of the two countries’ prime ministers, will go into operation by the end of July, the Greek Environment and Energy Minister, Mr Kostas Skrekas, said, addressing the Economist Conference, on Wednesday.
The minister underlined Greece’s role for enhancing energy security in the region and the EU with LNG infrastructure that are currently in operation, as well planned new installations, the East Med natural gas pipeline, the upgrading of the electricity interconnection with Bulgaria, Albania and Italy and with the construction of an electricity interconnectin with Egypt.
He also noted that Revythoussa station already covers up to 80 percent of the demand in Bulgaria on a daily basis. The IGB pipeline will have the capacity to transport 3 billion cubic metres of natural gas, with the option to be upgraded to 5 billion cubic metres, he added.
Latest News
Kasselakis Reveals Name of New Party: ‘Movement for Democracy’
Arriving at the venue, Kasselakis greeted his supporters warmly, saying, “You became the movement, and today we become a party.”
PM Mitsotakis on TikTok on ‘Gigabit Voucher’ Program
The "Gigabit Voucher" program will provide an array of benefits for households and small businesses, as Mitsotakis pointed out in his video post.
Presidential Decree Downgrading Art School Degrees in Question
The Council of State has challenged a presidential decree downgrading art school degrees, citing constitutional violations
Stormy Winds and Thunderstorms, as Cold Snap Hits Greece
Special units from the electricity distribution network HEDNO are working to restore damage caused to electric poles after trees fell on them due to the strong gusts in Preveza.
Fitch Ratings Maintains Greece at BBB-; Retains Stable Outlook
Fitch Ratings: Greece's ratings are supported by income per capita levels above and governance indicators in line with the 'BBB' median
Global Citrus Production Declines – Greece’s Outlook
In Greece, specifically, orange prices increased by 30.18% this Sept.
NATO Secretary General Rutte to visit Greece
Former Dutch PM Mark Rutte, the Alliance's new chief will first visit Ankara a day earlier to meet with Turkish leadership
PM Mitsotakis from Naxos: Decarbonization Fund to Facilitate Islands’ Green Transition
“The resources will help connect the islands to the mainland's electricity grid," he noted.
Retail Sales in Greece Up 0.8% in Q4 2024: ELSTAT
Retail businesses in the food and fuel sectors posted a turnover of €6.82 billion in Q3 2024, a 1.2% increase compared to €6.73 billion in Q3 2023
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.