Overgas Inc., the local gas distributor majority-owned by Russia's Gazprom, will install gas distribution networks in a number of coastal municipalities after they were included in the company's Burgas area permit.
Overgas subsidiary Burgasgaz will be in charge of the network rollout in the new seven municipalities that were included by the power regulator in its permit area: Aitos, Karnobat, Nesebar, Pomorie, Prikorsko, Sozopol and Tsarevo.
The company will invest 90 mln levs in a total of 730 km of gas mains through 2027, reaching 44,000 customers.
Overgas said it is targeting a 2008 launch for the gasification of the Burgas industrial zone and of Black Sea resort Sunny Beach.
The company will initially employ a virtual pipeline system, supplying natural gas from 8 compressor stations to clients within a 80 km radius.

The Bulgaria power regulator also issued a gas distribution permit to Overgas for the Bansko area. Work on the gas network in the ski resort will begin in 2008.

In related news, the power regulator named Industrial Gas Supply as the winner of the Elin Pelin gas distribution permit.
The company is majority-owned by the Elin Pelin municipality.

Industrial Gas Supply plans to invest 11.8 mln levs in the civic gas network over the first 10 years of the permit's lifespan, plugging in 3,000 households and 35 industrial enterprises.(Dnevnik)