458-459 / 1248
Political
No political barriers. On the contrary, there is clear and declared Political support for the Project from the impacted Member States and in particular from
the governments of Greece and Bulgaria. Political stability in the region of the Project's direct influence will support commercial viability of the Project.
Others
Delays in the implementation/start up of new regional interconnection infrastructures (IGB, IBS) and upgrade of existing ones including reverse flow
availability. The most critical one is the Interconnector Greece-Bulgaria (IGB). Also, availability of capacity in the greek, bulgarian and romanian
Transmission Systems and reverse flow capacity in Trans Balkan will enable flows from the terminal to Ukraine. Finally, reverse flow functionality to the
Turkey-Greece Interconnector will open up the Turkish market to the Project. Regarding Financing: The project received grants for studies (from the 1st
CEF Energy Call-August 2014) and will apply for grants for works in a future Call from CEF. Award of such Public financing will be critical for the Project's
commercial viability. Also access to EIB, EBRD, EFSI, IFC PCI favourable financing tools is very important for the Project.
Market
The markets in SEE are not mature. Currently all gas transactions are done on a bilateral basis and no price transparency exists. Creation of a trading hub in
the region with multiple supply options will generate significant opportunities for the marketing of gas imported through the LNG Alexandroupolis
floating terminal.
Financing
The Project has been awarded with grants for studies (CEF 2014 Call) and will apply for grants for works (in the next Calls) from the CEF. Award of such
Public financing will be critical for the Project's commercial viability. Also access to EIB, EBRD, EFSI, IFC PCI favourable financing tools is very important for
the Project.
Market
Lack of market maturity
Financing
Availability of funds and associated conditions
Generated by ENTSOG PDWS on 10/10/2016 05:00:19 PM
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Current TYNDP : TYNDP 2017 - Annex A