Interconnector Bulgaria – Serbia (IBS)

Progress Report - Bulgaria

07 February 2019 / Brussels, BelgiumCESEC Gas Plenary and Working Group

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Interconnection Bulgaria – Serbia / IBS

- Project of Common Interest

- CESEC priority project

- Joint Commitment of Energy Ministers of Bulgaria and Serbia – 17 May 2018, EU –Western Balkans Summit in Sofia, Bulgaria

- Designated project promoters –Srbijagas and Bulgartransgaz

- Joint Task Force – Aligned Project Schedule for IBS implementation

- To be put in operation by May 2022

IBS on Bulgarian territory:

- Approx 61 km - 700 DN, 5,4 MPa pipeline

- Branches to AGRS Slivnitza and AGRS Dragoman

- GMS Kalotina

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Progress – BulgariaKey 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 beneficiaryFebruary 2019 -

Realignment of project schedule and 2nd 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

October 2020 –April 2022 –

Construction works

Mid 2019 – BTG to start tender procedures

September 2020 –Construction Permit

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IBS Serbian section – in Brief

Pipeline length 108кмPipeline Diameter DN700Commission year May 2022Investment cost 85 M €

Project Status: FS and CBA implemented. Spatial Plan of Special Purpose completed. Geo exploration works completed. Technical design and

land expropriation in progress.

07 February 2019 / Brussels, Belgium

Gas Interconnector Bulgaria – Serbia (IBS) Serbian Section Progress Report

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Project Implementation Key Remarks and MilestonesProject 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.

Gas Interconnector Bulgaria – Serbia (IBS) Serbian Section Progress Report

Geo examination works Technical documentation & Construction Permit

Construction Works Tendering Technical Dossier

toda

y

4Q July 2019

4Q August 2019

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Project Implementation Key Remarks and MilestonesProject 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.

Gas Interconnector Bulgaria – Serbia (IBS) Serbian Section Progress Report

Overhead ObjectsUnderground Objects Initial Route

Underground Objects Modified Route

toda

y 3Q July 2019(Construction

permit)31.12.20191Q January

20191Q April 2017

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For BULGARTRANSGAZ:Yasen Ivanov, Head of Analysis and International Activity Division

For SRBIJAGAS:Jovica Budimir, Chief Executive Investments Officer

Thank you for your attention!