The Board of Directors of the Bulgarian Energy Holding (BEH) decided to
replace the executive director of ICGB AD company, the project company
for the construction of the gas connector between Bulgaria and Greece,
BEH said in a press release Wednesday. Valentin Hambarliev replaces
Theodora Georgieva.
The replacement is motivated by the need for speedier pace in the
implementation of the project. Actual construction of the interconnector
is to commence at the start of 2018, and the facility is expected to
commissioned in early 2020, or Bulgaria risks losing an agreement on
supply of one billion cubic metres of natural gas from Azerbaijan and
the EU funding for the project, the press release says.
(BTA)