July 2019, Vol. 246, No. 7
Projects
Norway-Poland Gas Link on Track for 2022
A planned pipeline linking Norwegian natural gas fields to markets in Denmark and Poland is on track for completion by October 2022, Polish Foreign Minister Jacek Czaputowicz told Reuters.
The Eastern European country sees the Baltic Pipe as a way to diversify its gas supply, most of which is currently imported from Russia under a long-term contract with Gazprom that expires in 2022.
“It is going well. We try to finish that investment by October 2022. For the moment it is in accordance with the schedule,” Czaputowicz said at a news conference after meeting Norwegian counterpart Ine Eriksen Soereide in Oslo.
The firm is targeting a total gas output of 2.2 Bcm by 2022.
The Polish minister told Reuters the construction of the Baltic Pipe could only increase the interest of Polish energy firms such as state-run PGNiG and refiner Lotos in investments in Norway.
PGNiG, which agreed in October to buy Equinor’s 42.38% stake in the Tommeliten Alpha gas and condensate field in Norway, has said it plans to increase its gas output in the country via acquisitions. P&GJ
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