Polish and Danish gas grid operators Gaz-System and Energinet agreed to finance construction of the Baltic Pipe project, a 560-mile (900-km) pipeline that will reduce regional dependence on Russian supply by transporting Norwegian gas to Poland via Denmark.
Costs of the project, which will cross the territories of Denmark, Sweden and Poland, are projected to range between $1.8 billion and $2.4 billion (1.6 billion to 2.1 billion euros). Gas transmission is expected to start in late 2022.
In addition to transporting Norwegian gas through Denmark to Poland and other countries in the region, Baltic Pipe also will enable reverse transmission from Poland to Denmark and Sweden, its developers said.
At a news conference in Warsaw, Polish Energy Minister Krzysztof Tchorzewski described Baltic Pipe as part of the North-South Gas Corridor, a project to link Poland to an LNG terminal in Croatia, via the Czech Republic, Slovakia and Hungary, Reuters reported.
Expansion of the Polish transmission system constituting a further step to make Poland a regional gas hub, which will reduce the risk of supply disruptions and boost the national economy