Baltic Pipe open session a success

State-run gas transit operator Gaz-System and Danish Energinet will carry on with works on the Baltic Pipe gas link after the first stage of open sessions ended in a success. “The first stage of open season 2017 for the Baltic Pipe project confirmed market's interest in realization of this project by confirming sufficient demand for gas transit from the North Sea via Danmark and the Baltic Sea to Poland,” Gaz-System said, adding that the operators “decided to continue efforts aimed at realization of the Baltic Pipe project.” The pipe is expected to have a capacity of 10 bcm annually. It will connect Poland with gas deposits on the North Sea. The project will cost between €1.6 - 2.2 billion and could become operational by 2022. The gas link will cost between €1.6 - 2.2 billion according to estimates, with Gaz-System paying €847 million.