ICGB AD

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ICGB AD

EU Clears State Aid Greece and Bulgaria Natural Gas Interconnector

The EU's competition regulators have approved a plan by Greece and Bulgaria to build and operate a natural gas interconnector with public funds, reports Energy Live News. 

They said the €240 million (£209m) project will boost the region's goal of diversifying its energy supplies by carrying three billion cubic meters of natural gas from Greece to Bulgaria each year by 2021.