GBS consortium to build gas interconnection with Serbia – Bulgaria, 11 October 2021

Bulgarian state-owned natural gas transmission system operator Bulgartransgaz announced that it has awarded the contract for the construction of gas interconnection with Serbia to a consortium led by Glavbolgarstroy (GBS). The contract was initially awarded to Canpipe BG, but it later decided to withdraw from the competition.

The statement from the operator said that the offer of the GBS consortium was assessed to have the best quality-to-price ratio among all received bids. GBS proposed to build the gas pipeline connecting Bulgaria and Serbia for a price of 85.8 million euros, while Canpipe BG proposed a price of 84 million euros.

In June, Bulgartransgaz announced that the offer of Canpipe BG is ranked first in the tender for the construction of a Bulgarian section of gas interconnection with Serbia. The statement from the company said that Canpipe BG, a local company established by Canadian Canpipe Industries International Inc, received an overall score of 97.79 points in the tender.

However, CPC has suspended the tender due to a number of complaints against the selection of local company Canpipe BG as contractor in the project. The statement from the Commission said that the project does not meet the criteria of urgency that would justify the awarding of the public procurement contract to the selected candidate before the Commission has issued its final ruling on the complaints. In August, CPC rejected all complaints and upheld Bulgartransgaz’ decision to award the contract to Canpipe BG consortium.

The project for gas interconnection between Bulgaria and Serbia envisages the construction of gas pipeline with the annual capacity of 1.8 billion cubic meters of gas. Length of the Bulgarian section of the pipeline, stretching from the border to capital Sofia, is 62 kilometers.

Subscription fee: 990 EUR annually (pdf newsletters, excel data, online news database – company licensed



Tags: , , , , , , , , ,

"Energy NEWS" service, HUPX forecasts (Day ahead, Week ahead, Month ahead), Country Reports on Energy Business

 

Balkan Energy NEWS service exists for over 10 years, and during that period, we earned trust of major European utilities, generators, traders and investment banks. We do not preserve good quality of service – we are constantly improving it, in order to always be one step ahead, and justify trust of our customers with quality.  Our trademark service is "Energy NEWS service", created as a response to expansion of energy market in South East Europe, with a goal to provide current and future market players with data and information for investments in energy sector and electricity trade.

Through our products, we cover countries of South East Europe: Albania, Bulgaria, Bosnia and Herzegovina, Croatia, Greece, Hungary, FYR Macedonia, Montenegro, Romania, Serbia, Slovenia and Turkey. We also publish news articles from Middle East, Eastern and Central Europe, when of influence to SEE

Balkan Energy products:

 

"Energy NEWS" service

  • PDF: SEE+Hungary Energy Daily: published 3 times per week (45-50 pages per edition)
  • PDF: Balkan Energy NEWS publication: published 2 times per month (90-110 pages per edition) + excel files<
  • Web portal: Database access to all published news articles, with date/country filters and search by keyword (+200 EUR annually on PDF subscription price)
  • In addition to being most complete and most affordable energy service for SEE, it is also company licensed with unlimited number of users.

     

    Month ahead forecast: HUPX and SEE Trading Tool

    Month-ahead report on HUPX price forecast, containing daily HUPX base price forecast, info on maintenance of generation units and many other useful information for electricity trading  in Hungary and SEE.

     

    Country Reports on Energy Business - All need-to-know energy info in one report!

    Country reports provide comprehensive overview of electricity sector for countries of South Eastern Europe. At the moment we have available up-to-date country reports for Bulgaria, Romania, Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Serbia and FYR Macedonia.

    For each country, our reports give description and data on:

  • General description of the electricity market
  • Consumption, production and export characteristics
  • Actualities – hot topics
  • Market liberalizations, electricity prices and tariffs
  • Key market players
  • Legislation and electricity market opening
  • Potentials for investments in power generation
  • Analyses of seasonal export/import trends
  • Detailed analysis of Cross Border Capacities
  • Country reports are updated every three months. For each ordered report, you will receive updates during one year period, free of charge. For ordering all of the reports together, additional discount can be applied.