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Baltic Gas Pipeline Between Poland and Norway Ahead of Schedule

NATURAL GAS

Poland expects to get double the amount of gas originally expected from Norway through the new Baltic pipeline in Q4 after work in Denmark has been completed ahead of schedule.

  • Danish system operator Energinet said on Saturday the pipeline could be commissioned at full capacity from the end of November instead of Jan. 1.
  • Poland has been cut off from Russian gas since April for refusing to pay in rubles.
  • The Baltic Pipe, which opens next week, is the main Polish strategy to diversify away from Russian gas.
  • Norway's Equinor announced on Friday it had entered into a 10-year agreement to sell natural gas to Poland's PGNiG in a deal covering a volume of 2.4 billion cubic metres per year - around 15% of Polish annual consumption – via the new pipeline.
Energy BulletsCommodities
Energy BulletsCommodities

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