Bulgaria's Bulgartransgaz Opens 5.0 Mln Euro Tender for Well at Chiren Gas Repository

Bulgarian gas transmission system operator Bulgartransgaz has opened a 9.8 million lev ($5.7 million/5.0 million euro) tender for the design and drilling of a well at Chiren underground gas repository, a tender notice indicated.

The works envisioned in the tender should be completed within 360 days, a tender published on the website of the country's Public Procurement Agency indicated last week.

The value of the contract is given net of Value Added Tax.

Bids can be submitted until March 25.

Bulgartransgaz is a subsidiary of state-owned Bulgarian Energy Holding.

The company said last year that the capacity of the underground natural gas storage facility in Chiren is planned to be increased by the end of 2018, in stages, to 1.0 billion cubic metres (bcm) from the current 550 million cubic metres (mcm) with daily withdrawal and injection capacity reaching 10 mcm, up from the current 4.2 mcm daily for withdrawal and 3.16 mcm for injection.

Also last year, Bulgartransgaz, together with gas monopoly Bulgargaz, signed with Azeri state-owned gas and oil company SOCAR a memorandum of understanding for a possible joint project for the expansion of the Chiren storage facility.

The companies will explore opportunities for a joint upgrade of the gas depot in Chiren and will also draft technical options for additional routes and/or sources of natural gas supplies to Bulgaria in the short term, Bulgartransgaz added.

Source: SeeNews