Tender for Gas Interconnection Between Serbia, Bulgaria Called | Beta Briefing

Tender for Gas Interconnection Between Serbia, Bulgaria Called

Source: Beta
SEE Business / Serbia | 09.03.21 | access_time 19:03

Erdogan Opens New Gas Line for European Supply

A tender for choosing a contractor to build a gas interconnection between Serbia and Bulgaria connecting Nis and Dimitrovgrad was called on March 9, the EU Delegation in Serbia has announced in a statement.

The new interconnection will link Nis with the Bulgarian capital Sofia, while its planned capacity is 1,8 billion cubic meters a year, the statement said.

The project will be financed with the help of EU IPA Fund grants for Serbia which will amount to EUR49.6 million. Additionally, the project will be financed with the help of a European Investment Bank EUR25 million loan while the signing of a contract is expected soon. EU Delegation Head in Serbia Sem Fabrizi stressed that it was crucial to speed up projects in the sector of energy which strengthened regional cooperation through connections.

The project has been deemed a EU "joint interest project" and is a priority project in the context of the Central and South Eastern Europe energy connectivity (CESEC) high level group, the EU Delegation in Serbia said.

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