Open Season procedure to be launched on the Baltic Pipe scheme

Gaz-System along with its Danish peer Energinet will launch a binding Open Season procedure on the panned Baltic Pipe on Tuesday. The procedure is aimed to confirm the extent of gas demand and the required capacity for the gas link. “The government will later have to make a decision on more binding phases of the project. It will be crucial to confirm that there will be significant economic gains for Denmark and that the project does not entail unnecessary risks,” said Danish climate and energy minister Lars Christian Lilleholt in a statement. Poland plans to use the Norwegian gas, which would be transported through Baltic Pipe to become less dependent on Russian gas. If the project goes through, first deliveries are planned for 2022.