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Baltic Pipe Energy Poland News

Baltic Pipe construction another step nearer

Poland and Denmark signed a key agreement for constructing the “Baltic Pipe” gas project. Polish “Gaz-system” will be the operator and owner of certain elements of the project which are run outside the territory of Poland.

editor: REMIX NEWS
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The agreement regulates those elements of the pipeline which are not on Polish territory but which will be financed by the Polish side. The agreement was signed in Katowice by the Energy, Climate and Municipal utilities minister Lars Chistian Lilleholt and Polish minister for strategic energy infrastructure, Piotr Naimski, in the presence of Poland’s Energy minister Krzysztof Tchórzewski.

According to minister Naimski the Polish “Gaz-system” will be the owner of the pipe until it reaches the territorial waters of Denmark and will finance that part of the system.

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The agreement also covers the Everdrup gas pumping station on Zeland island. It will be owned and operator by the Danish operator “Energinet”. The agreement also covers this part of the system as “Gaz-system” will participate in the costs of its construction. 

Diversification

Both parties in the agreement have also committed themselves to helping the investors in the preparation and implementation of the “Baltic Pipe” project so that it is completed by October 1st, 2022.

The “Baltic Pipe” project is important for Poland’s policy of diversification of sources of gas supply and making itself independent of Russian gas. Its current agreement with the Russians on gas supplies terminates in 2022.