Europe Launches Another Gas Pipeline Amid Energy Crisis
Date
9/27/2022 8:11:01 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 27. Poland hosted
the ceremony of commissioning of the Baltic Pipe on September 27,
reports
with reference to the European Commission.
Reportedly, the Baltic Pipe will make it possible to import up
to 10 billion cubic metres (bcm) of gas annually from Norway to
Poland and to transport 3 bcm of gas from Poland to Denmark.
The project, supported by the Trans-European Networks for
Energy, enhances the diversification of gas supply in
Central-Eastern Europe and the Baltic States by opening a new
import route from the North Sea to the EU. The Baltic Pipe has been
a Project of Common Interest since 2013 and has received more than
€267 million of EU funding through the Connecting Europe Facility,
helping to complete the preparatory studies and construction works
necessary for this project.
European Commissioner for Energy Kadri Simson, said that the
Baltic Pipe is a key project for the security of supply of the
region and the result of an EU policy drive to diversify sources of
gas.
“The pipeline will play a valuable role in mitigating the
current energy crisis,” she said.
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