A new Greece-Bulgaria gas pipeline that opened on Saturday promises to reduce dependency on Russian energy in the Balkans and make Greece a hub for energy in the region.
The ceremony for the Greece-Bulgaria gas interconnector (IGB) was held in Sofia with the leaders of the two countries and the President of the European Commission attending, according to greekreporter.com. The 182-kilometer pipeline is connected to the Trans Adriatic Pipeline (TAP), allowing for additional quantities of gas from Azerbaijan that arrive in Greek ports to flow to Italy and the wider Southeast Europe region. Greek PM Kyriakos Mitsotakis noted that the gas pipeline marks Greece’s role as an energy bridge between the South and the North, the Balkans and Europe, as well as Greece’s upgrading role on the energy and geopolitical map.
European Commission President Ursula von der Leyen hailed the pipeline as an important contribution to limiting opportunities for Russia’s use of its gas and oil reserves in order to blackmail or punish the EU.
Tags: Greece-Bulgaria gas pipeline, European Commission