EU Backs Baltic Pipe with €215M
The Baltic Pipe project, a new, bi-directional offshore gas interconnection between Poland and Denmark, will receive nearly €215 million support from the Connecting Europe Facility (CEF).
Today, EU Member States voted on a Commission proposal to invest almost €800 million in key European energy infrastructure projects with major cross-border benefits.
CEF is the European support programme for trans-European infrastructure.
To remind, end-November last year, Polish and Danish gas transmission system operators, GAZ-SYSTEM and Energinet, made positive investment decisions and agreed to implement the joint Baltic Pipe project.
The pipeline will enable the supply of natural gas from Norway through Denmark to Poland and other countries in the region as well as reverse transmission from Poland to Denmark and Sweden.
Energinet and GAZ-SYSTEM have committed to construct overall 900 km long offshore and onshore gas pipeline.
Gas transmission should start in October 2022.