Shortly about Baltic Pipe

article-image

Obviously, Baltic Pipe is a clear response to Nord Stream 2, which directly connects Russian Federation with Western Europe. Experts claim that Nord Stream 2 through Germany could even get to Austria, Czech Republic and Italy. This menace has not been taken well by Central Europe, including Poland, Slovakia and Hungary.

Gazprom informed that pipes delivery tender is already settled. Fortunately, there is no construction permit and European Comission is not currently willing to accept these plans. Thus, it is a chance for Baltic Pipe project to brighten this situation up.

Simply, the idea is to build a pipeline between Swinoujscie Port (Poland) and Kopenhagen and then match it with another pipeline that goes to Norway. Polish Oil and Gas Company (PGNIG) own concession to extract norwegian gas there. That could be another factor for polish diversification of resources.

The tricky part is that half of a costs would be covered by European Union as a part of Connecting Europe Facility programme. Gaz System (Poland) and Energinet (Denmark) are supposed to be operators responsible for expanding the network transmission. Feasibility study will be estimated by the end of the year.

Sources:

http://natemat.pl/

 

About author