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Black Sea Technology Company Plc. Energy Streams in Regional and European Aspect G as supply. March 12-13 , 200 7 Sofia, Sheraton Hotel. Ing. Giampiero Sechi CEO BSTC Plc. History of AMGA.
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Black Sea Technology Company Plc Energy Streams in Regional andEuropean AspectGas supply March 12-13, 2007 Sofia, Sheraton Hotel Ing. Giampiero Sechi CEO BSTC Plc
History of AMGA Established in 1889, for 119 years, AMGA (Azienda Multiservizi S.p.A Udine), have acquired wide experience in the field of natural gas distribution. • Territory covered: - 42 municipalities in Italia - 4 municipalities in the Republic of Croatia - 38 municipalities in Bulgaria • Length of own network: 2,030 km • Clients served: 130,000 households • Sold cubic meters of natural gas in 2006: 250 million AMGA Today
AMGA in Bulgaria • In 2002 AMGA acquired 99.69% of the share capital of Black Sea Technology Company AD (BSTC), now increased to 99.98%. • At the beginning of 2004 BSTChas been awarded the licenses for the regions of Moesia and Dobroudja by the State Energy Regulation Commission (SERC) for 35 years. • The company will invest over 150 mln BGN for construction of gas distribution networks in the territory of both regions.
BSTC in Bulgaria ТЪРГОВИЩЕ
Project of Gasification in Bulgaria In the period 1995 - 2006 BSTC started the following projects: • In 1995 - gasification of Targovishte • In 1996 - gasification of Dobrich • In 2004 - gasification of the regions of Moesia and Dobroudja in Pleven, Lukovit, Shumen, Provadia, Dulgopol, Aksakovo • In 2006 - gasification of Kaspichan … and the investment since 2004 exceeds 30,000,000 BGN.
Project of Gasification in Bulgaria • Territory covered: - 38 municipalities • Length of own network: - 300 km • Clients served: 2,780 - 2,278 households - 376 public administration organizations - 126 industries BSTC Today
What Comes Next in March 2007 - March 2009 Summary of the Investment Program of BSTC • Amount of Investment: - 47,000,000 BGN • Length of new network: - 238 km • Number of new clients: - Industries – 199 - Public administration organizations – 334 - Households consumers - 8,047 • In the period gasification will be started of:- Valchidol, Vetrino, Devnja, Kaolinovo, Suvorovo and Hitrino. - Cherven brjag, Dolna Mitropolija, Ugarchin, Letnitza, Pordim, Yablanitza, Drjanovo and Suhindol.
Our Vision on Gas Distribution Market in Bulgaria • 180 - 200% average annual increase of total households customers for the next few years (2007 - 2008 - 2009) • 7% annual growth of total gas distributed in the country • In the next two/three years regional distributors will achieve significant growth results
Gasification Project/ Regulatory Frame • Gasification development will improve the energy balance of the country and customers • The efficiency parameter will be introduced in the regulatory frame. The resulting benefits will be shared among Customers/State/Investors • We, as a distributor, totally appreciated the decision of the Bulgarian Authority for Energy SERC to organize the distribution in regions:- to find the best balance among weak and strong regions - to create the best conditions for extension of the distribution network • The actual trend of growth and the gasification experience in other countries has shown that the 35-year license term is a well justified choice • Our estimation is that a ten year period is the time to reach a profitable and efficient dimension of activity
Household Gasification • The aforementioned is a natural trend …… but CAN THE PROCESS OF HOUSEHOLD GASIFICATION BE SPEEDED UP? • We are now far up from the target fixed by the law of 30% household gasification in ten years …