466-467 / 1248
Others
Delays in the implementation/start up of new regional interconnection infrastructure (IGB/IBS) and upgrade of existing ones including reverse flow
availability. The most critical one is the Interconnector Grece-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 (through the assorted pipeline) 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 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 in 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 (that the pipeline will be connected to).
Financing
The Project has been awarded with grants for studies (CEF 2014 Call) and will aply 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
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Current TYNDP : TYNDP 2017 - Annex A