Energy Union: European Commission to endorse Baltic Pipe project, a pipeline that unites creating a new gas supply corridor in the European market
This morning, a signature ceremony of the agreement for the €214.9 million Connecting Europe Facility grant for works for the Baltic Pipe project connecting Poland and Denmark with Norway took place at the European Commission headquarters in the Berlaymont building.
Vice-President in charge of the Energy Union, Maroš Šefčovič, and Commissioner for Climate Action and Energy, Miguel Arias Cañete, witnessed the signature together with the Polish Prime Minister Mateusz Morawiecki and Polish Minister Piotr Naimski, plenipotentiary of the Polish Government for Strategic Energy Infrastructure.
We have today endorsed the Baltic Pipe project.
The pipeline will connect Poland and Denmark with Norway, creating a new gas supply corridor in the European market.
More here → https://t.co/qM7IsRoruO #EnergyUnion pic.twitter.com/fz7pbJFfVm
— European Commission 🇪🇺 (@EU_Commission) April 15, 2019
The Baltic Pipe Project is a gas infrastructure project aiming at creating a new gas supply corridor in the European market. The new pipeline will allow, as of 2022, the shipment of gas from the North Sea to the Polish market and further to the Baltic States, as well as to end-users in neighbouring countries.
PM @MorawieckiM in #Brussels: I am convinced that the @BalticPipe_PL project will significantly improve #EnergySecurity of #Europe. Security is something we all very much need and care for. pic.twitter.com/zENPaXTkPe
— Poland in the EU (@PLPermRepEU) April 15, 2019
At the same time, it will enable the supply of gas from Poland, including from Liquefied Natural Gas imports, to the Danish and Swedish markets.
€215 million #CEFEnergy grant for the #BalticPipe connecting 🇵🇱& 🇩🇰 #gas transmission systems signed today by Director Beckers in presence of @MAC_europa @MarosSefcovic: https://t.co/RqxUy4raXp @BalticPipe_PL @EnerginetDK #PCIList #investEU pic.twitter.com/vdeRtHc3jU
— INEA🇪🇺 (@inea_eu) April 15, 2019
This new pipeline is a European Project of Common Interest (PCI) and parts of this project – analysis of economic feasibility and technical feasibility study and other preparatory studies – are already co-financed by CEF Energy.