Glavbolgarstroy International AD has joined Eurogas, a powerful European trade group that represents natural gas wholesalers and retailers, as well as gas distribution, according to Glavbolgarstroy International AD (GBS). Its subsidiary is the organization’s only Bulgarian representative.
GBS, which has extensive expertise in the building of gas pipelines as well as the construction and upgrading of compressor stations, has joined the organization, which was founded in 1990 and now has 57 members from 24 countries.
GBS is also interested in the planned transformation of gas infrastructure for the transmission of renewable and low-carbon gas, as well as hydrogen, in the framework of the EU Green Deal, according to the message.
The firm spoke with EUROGAS on how gas and gas infrastructure might help Europe achieve higher levels of hydrogen consumption. The two organizations addressed EUROGAS perspectives on renewable and low-carbon gas objectives, as well as the blending of up to 20% hydrogen in existing natural gas infrastructure in the early phases. Both parties believe that using existing gas infrastructure to create the hydrogen market, rather than developing entirely new separate networks from the ground up, is both economically reasonable and essential. However, this requires the execution of specific modernisation of existing gas infrastructure, which will enable hydrogen mixing and conversion. Construction businesses are involved in this procedure.
Sustainable investments in gas transmission and distribution networks, according to Glavbolgarstroy, will undoubtedly contribute to the adoption of decarbonization technologies such as carbon capture and storage (CCS), hydrogen, biomethane, and others, all of which will help the EU achieve climate neutrality by 2050. It is substantially less expensive to convert existing gas networks to hydrogen networks than it is to develop a whole new hydrogen infrastructure from the ground up. Furthermore, the modernization can be carried out in phases, depending on the evolution of the hydrogen market, i.e. supply and demand dynamics. According to the statement, the technologies for such a change have long been tried and confirmed in an operational/industrial setting and are now widely available.
GBS joins EUROGAS, an association that promotes gas’s position in the energy mix by fostering interaction between significant European industry representatives, worldwide gas extraction/distribution corporations, and relevant EU institutions and regulators.
EUROGAS is also working hard to help the European Union achieve its ambitious climate goals. The organization’s mission is to create a robust and integrated natural gas market that supports activities and policies such as energy efficiency, carbon reduction, renewable energy generation, renewable gas/hydrogen production and transportation, and more.
