07 February 2019 / Brussels, Belgium CESEC Gas Plenary and Working Group Interconnector Bulgaria Serbia (IBS) Progress Report - Bulgaria
Interconnection Bulgaria Serbia / IBS IBS - Designated on Bulgarian project territory: promoters Srbijagas and Bulgartransgaz - Project of Common Interest - Approx 61 km - 700 DN, 5,4 MPa pipeline - Joint Task Force Aligned Project Schedule for IBS implementation - CESEC priority project - Branches to AGRS Slivnitza and AGRS Dragoman - GMS Kalotina - To be put in operation by May - Joint Commitment of Energy 2022 Ministers of Bulgaria and Serbia 17 May 2018, EU Western Balkans Summit in Sofia, Bulgaria 2
Progress Bulgaria Key milestones 17 May 2018 - Joint Commitment BTG designated as project promoter 23 October 2018 First meeting of established IBS Task Force 18 December 2018 - OPIC amendment BTG eligible beneficiary February 2019 - Realignment of project schedule and 2 nd IBS Task force meeting By end of February 2019 Ministry of Energy of the Republic of Bulgaria to officially transfer IBS assets to BTG 2019 BTG to apply for financing under OPIC (ESIF) for preparatory activities Mid 2019 BTG to start tender procedures September 2020 Construction Permit October 2020 April 2022 Construction works 3
Gas Interconnector Bulgaria Serbia (IBS) Serbian Section Progress Report IBS Serbian section in Brief Pipeline length 108км Pipeline Diameter DN700 Commission year May 2022 Investment cost 85 M Project Status: land progress. FS and CBA implemented. Spatial Plan of Special Purpose completed. Geo exploration works completed. Technical design and expropriation in 07 February 2019 / Brussels, Belgium 4
Gas Interconnector Bulgaria Serbia (IBS) Serbian Section Progress Report Project Implementation Key Remarks and Milestones Project Implementation Status Report and Milestones: Technical design process is ongoing. Respecting the importance to follow up timeframe deadlines regarding construction works contracting mechanism under the IPA 2017, PE Srbijagas contracted the service of Project technical design, with the August 2019 contracted deadline for the final delivery Technical Tender Dossier documentation. Current status of Technical design: - Preparation and Geo examination works completed. - Conceptual design completed. - Enviroment Impact Assesment Study in progress. - Preliminary Design Completition pending on collecting Location conditions, required on December 2018. today 4Q July 2019 4Q August 2019 Geo examination works Technical documentation & Construction Permit Construction Works Tendering Technical Dossier 5
Gas Interconnector Bulgaria Serbia (IBS) Serbian Section Progress Report Project Implementation Key Remarks and Milestones Project Implementation Status Report and Milestones: Status of Resolving property and legal issues on the gas pipeline route: The court experts completed the field task on the route of the gas pipeline and provided all the findings / assessments - for about 2000 cadastral lots, on the territory of Dimitrovgrad, Bela Palanka, Pirot and Niš. Offers for compensation for damage to each owner of real estate are continuously being submitted to the relevant municipal administrations. 1Q April 2017 1Q January 2019 today Overhead Objects 3Q July 2019 (Construction permit) Underground Objects Initial Route Underground Objects Modified Route 31.12.2019 6
Thank you for your attention! For BULGARTRANSGAZ: Yasen Ivanov, Head of Analysis and International Activity Division For SRBIJAGAS: Jovica Budimir, Chief Executive Investments Officer 7