Bulgarian
gas transmission system operator Bulgartransgaz
launched on Friday a 12.3 million euro ($13.97
million) gas pipeline connecting the town of
Silistra, in the northeast of the country to the
national gas transmission network, the European
Bank for Reconstruction and Development (EBRD)
said on Friday.
Out of the total cost of the project, 9.3 million
have been provided as grant financing by the
Kozloduy International Decommissioning Support
Fund (KIDSF), administered by the EBRD, and the
balance is financed by Bulgartransgaz, the
international lender said in a press release.
The construction works were implemented by Italian
pipeline company SALP.
The 80 km high pressure gas pipeline has a
diametre of 350 mm and a transmission capacity of
100,000 cu m per hour.
Its launch is expected to result in 35% lower
energy bills for local customers. The new pipeline
will provide gas to two industrial areas in
Silistra with a total of 26 industrial clients,
the EBRD added.
The completion of the new pipeline will also allow
Citygas, the gas distribution company that holds
the license for Silistra, to start constructing
the local network in the city, the EBRD also said.
Citygas is a subsidiary of the Italian Gruppo
Societa Gas Rimini and is working on the
development of gas networks and natural gas
distribution in over 30 municipalities in the
country with an investment volume of 63 million
euro, 30 million euro of which have been provided
as a loan by the EBRD and 2.33 million euro as
KIDSF contribution. To date, close to 700 km of
pipeline have been constructed and are in
operation.
KIDSF was established in June 2000 to support
Bulgaria with closing and decommissioning units 1
to 4 of its sole nucleap power plant Kozloduy due
to safety concerns.
Source: SeeNews