Poland and Baltic states to sign pipeline deal

World Pipelines, Wednesday, 14 October 2015 11:45

According to The Financial Times, Poland, Latvia, Lithuania, and Estonia are to sign a deal regarding the build of a 534 km GIPL pipeline. The pipeline will run from Rembelszczyzna, Poland, to Jauniunai, Lithuania. From Lithuania, it will be distribute gas across the Baltic nations.

The project is expected to total €558 million, half of which will be provided by the European Commission. It will have a capacity of 2.5 billion m³, potentially rising to 4 billion m³.

The nations’ leaders are expected to sign contracts on 15 October at an EU summit in Brussels.

Sources:

Read the article online at: https://www.worldpipelines.com/project-news/14102015/poland-and-baltic-states-to-sign-pipeline-deal-344/

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