February 14, 2018 – FRN –
The Polish leadership intends to implement a project of its own with the Baltic Pipe gas pipeline – in face of the “Nord Stream – 2”. This is reported by the German newspaper Frankfurter Allgemeine Zeitung .
The Polish party “Law and Justice” decided to revive the Baltic Pipe project and connect to the Norwegian gas network. According to press releases, at the end of last year the Polish state oil and gas company PGNiG reserved the capacity of the gas pipeline for 15 years, at a cost of two billion dollars. It is assumed that the Polish project with an annual capacity of 10 billion cubic meters per year will begin to function in 2022, but the final decision on this project will be taken later in 2018.
Poland actively opposes the construction of the Russian “Nord Stream – 2”. Earlier, the Polish Prime Minister called on the US leadership to extend American sanctions for the implementation of this project. In addition, he said that European companies involved in the construction of the gas pipeline should be fined.
Germany has rebuffed such statements, stating that the project guarantees energy security for Europe.
Nord Stream -2 is a project worth 9.5 billion euros, which involves the construction of two lines of pipeline across the Baltic Sea from the coast of Russia to Germany. The total capacity will be 55 billion cubic meters of gas per year.