Greece-Bulgaria Gas Link Will Be Exempt from Third-Party Access Rules
ESD 13:40:31 15-08-2018
113 ECONOMY-GAS LINK-ACCESS-THIRD PARTIES
Greece-Bulgaria Gas Link
Will Be Exempt
from Third-Party Access Rules
Sofia, August 15 (BTA) - The ICGB company which manages the interconnector project between Bulgaria and Greece said on Wednesday that the gas link has been exempted from the EU rules for access of third parties.
Following the decision of the European Commission, the national regulators of the two countries have adopted a joint decision for the exemption.
The decision lays the framework under which the gas pipeline IGB will operate. The decision exempts from third party access rules the capacities reserved as a result of the market test for a period of 25 years.
Along with that the European Commission and the national regulators have approved an exemption from tariff regulation for the whole capacity of the pipeline and also for the ownership unbundling both for a period of 25 years. SN/PP