ENTSOG TYNDP 2017 - Annex A2 - Project Details

Current TYNDP : TYNDP 2017 - Annex A

Page 43 of 620

The concept for the creation of gas hub on the territory of Bulgaria is based on the idea significant quantities of natural gas from different sources to enter into a given real physical point in the region of Varna for their further transport and a venue for gas trade is organized at the same time at this point ² a hub where every market participant could trade in gas. The idea of building the gas hub is supported by the strategic geographic location of Bulgaria, the well-developed existing gas infrastructure for transmission and storage and the projects for the construction of interconnections with Romania, Turkey, Greece and Serbia. The creation of a gas hub aims at building the gas transmission infrastructure required to link the natural gas markets for the EU members states in the region - Bulgaria, Greece, Romania, Hungary, Croatia, Slovenia and through them to the members states from Central and Western Europe and to the countries from the Energy Community - Serbia, Macedonia, Bosna and Herzegovina and others, thus contributing to achieving the main priorities of the European energy policy. In the context of the European objectives to build an interconnected and single pan-European marker, the realization of the projects, forming the gas hub concept, is in line with the projects for the development of the Southern gas corridor and in full compliance with the plans for development of gas infrastructure in Europe to enhance the security of supply and the diversification of natural gas supply sources.

Main Driver Explanation

Benefit Description

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