Poland and Lithuania motion EU to subsidize gas pipeline
17:30
Poland's Gaz-System and Lithuania's Amber Grid have filed a joint motion for EU financial support for the construction of a gas pipeline connecting the two countries.
One application is for the financing of design work. Another asks for financial support for building the above mentioned gas pipeline.
The undertaking is aimed at increasing the delivery safety, as well as guaranteeing the freedom of choice in gas delivery for the countries of the Baltic Sea region.
Jan Chadam, the president of Gas-System said that financial support will help achieve the EU’s strategic energy policies, including the unification of isolated gas markets with the EU one.
The estimated cost of the project is €558 million, the majority of which, €422 million will be incurred by Poland. Lithuania’s contribution will be €136 million.