The agreement on EU support for Baltic Pipe signed


Gaz-System signed the agreement on co-financing the Baltic Pipe construction works under the Connecting Europe Facility with the Innovation and Network Executive Agency of the EU. The ceremony of signing the agreement for the subsidy in the maximum amount of nearly EUR 215 million, took place in Brussels on 15 April 2019.

The Baltic Pipe is a strategic project aimed at creation of a new corridor of gas supply on the European market. From October 2022 it will enable the import of 10 billion m3 of natural gas a year from the deposits on the Norwegian Continental Shelf….

An excerpt from Biznes Alert