Pipelines, Storage & Power

PGNiG takes FID on Baltic Pipe

Poland’s state-owned PGNiG has taken an FID on the Baltic Pipe project
By Staff reporter 30 November 2018 0 33507

Poland’s state-owned PGNiG has taken an FID on the Baltic Pipe project, a 275-km connection intended to run from Faxe in Denmark through Sweden’s exclusive economic zone to Niechorze-Pogorzelica in Poland.

“Thanks to this investment we will gain direct access to resources that have been used by other European countries for a long time, and it is essential for the stabilization of the natural gas market in Poland as well as in Central and Eastern Europe,” Piotr Woźniak, president of PGNiG’s management board, said in a...