A total of 5 billion cubic meters of gas have been contracted to flow through the Baltic Pipe gas line, Polish Prime Minister Mateusz Morawiecki has been told by the PGNiG Polish gas conglomerate, with the pipe’s full capacity extending next year to 10 billion cubic meters.
Poland’s domestic production of gas is around 4 billion cubic meters. The LNG terminal in Świnoujście is currently equipped to receive 6.5 billion cubic meters of gas, with that amount rising to 8 billion meters in the near future.
According to Morawiecki, consumption of gas this year is likely to fall compared to last year and will be below 20 billion cubic meters. As a result, unlike Germany, Austria, Czechia, the Netherlands, and many others, Poland will not be susceptible to gas blackmail.
The Baltic Pipe will deliver a new line of supply for gas from Norway to the Danish and Polish markets. The two investors in the project are Denmark’s Energinet and Poland’s Gaz-System. The route is to be opened on Oct. 1, 2022 and will reach full capacity by the beginning of 2023.
Through the pipeline, Poland expects to diversify its gas supply and improve energy security for the country and the broader region. The project’s importance is highlighted by the current situation in which Europe is suffering from gas shortages following the political consequences of Russia’s invasion of Ukraine.