Poland-Lithuania motions EU to subsidize gas pipeline

Poland and Lithuania filed a motion for EU financial support. The document shall be the first step to designing a mutual gas pipeline. Polish and Lithuanian companies, GAZ-SYSTEM and AB Amber Grid, requested the EU to co-finance a project of Poland-Lithuania interconnector. Another motion assumes financial support for building the abovementioned gas pipeline. The undertaking anticipates increasing the delivery safety, as well as guarantees the freedom of gas delivery for the countries of the Baltic Sea region. Jan Chadam, the president of GAZ-SYSTEM also informed that financial support will be beneficial for the EU and help achieve the EU’s strategic energetic policies, including unification of different gas markets with the EU one. Estimated cost of the project is EUR 558 million, the majority of which, EUR 422 million will be incurred by Poland. Lithuania’s contribution will be EUR 136 million.