The PGNiG Group is involved in the Baltic Pipe project, a strategic infrastructure project aimed at creating a new gas supply corridor to the European market.
For the first time in history, the Baltic Pipe Project will enable the transmission of gas directly from deposits located in Norway, among others by PGNiG Upstream Norway to markets in Denmark and Poland, as well as to customers in neighbouring countries. At the same time, the Baltic Pipe project will enable gas supplies from Poland to the Danish and Swedish markets.
The implementation of this project is consistent with the energy policy objectives of the European Union, such as strengthening competition, integrating gas markets, enhancing security of supply, and effective implementation of sustainable development principles. The Baltic Pipe Project is part of the North-South Corridor concept and the Baltic Energy Market Interconnection Plan (BE- MIP), which constitute priorities for energy infrastructure development set by the European Union.
Objectives of the project:
- Strengthening security of supply in the region by providing access to Norwegian gas for the Danish-Swedish and Polish markets and for the markets in Central and Eastern Europe;
- Further increase of the burden on the existing infrastructure in Denmark to reduce tariffs for the benefit of the users;
- Increasing competitiveness on regional gas markets and facilitating price convergence between the markets, enabling new participants to enter the market, and potential growth of gas demand in the regions affected by the project;
- Increasing the technical reliability of gas supplies to customers through diversification of directions of imported gas supplies;
- Connection of the Baltic Pipe with the LNG terminal in Świnoujście, which could in the future guarantee Scandinavian countries access to the global market for liquefied natural gas (LNG).
The project implementation schedule assumes its commercial launch in October 2022. The planned gas transmission capacity from Denmark towards the Polish transmission system is 10 bcm/year, while the capacity from Poland to the Danish transmission system is 3 bcm/year.