Economic growth and rising gas demand in Poland, coupled with EU financial support, mean the Baltic Pipe project now looks much more viable after having stalled twice in the past. Fading optimism surrounding Poland’s shale gas potential is also supportive of the pipeline, which will connect Poland to Norway via Denmark.
EU member states recently approved a grant of up to €215 million ($246 million) for the Baltic Pipe, supplementing the €51.8 million worth of EU grants already allocated to the project.
The new...
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