The first well is expected to start production in June 2020. By the end of the year the next three wells will commence production. The Ærfugl project will be developed using innovative technical solutions.
Tag: Baltic Pipe
Gaz-System signed the agreement on co-financing the Baltic Pipe construction works under the Connecting Europe Facility with the Innovation and Network Executive Agency of the EU. The ceremony of signing the agreement for the subsidy in the maximum amount of nearly EUR 215 million, took place in Brussels on 15 […]
Nearly EUR 215 mln of the European Union financial assistance for the Baltic Pipe construction works
The Baltic Pipe Project has been granted the subsidy for construction works under the Connecting Europe Facility (CEF) by the European Commission. The maximum allocated support amounts to nearly € 215 million. This decision emphasizes the significance of the Project for building the European gas market and strengthening the security […]
The Polish and Danish gas transmission system operators: Gaz-System and Energinet have both made positive investment decisions and agreed to implement the joint Baltic Pipe project. The pipeline will enable the supply of natural gas from Norway through Denmark to Poland and other countries in the region as well as reverse […]
The gas reserves of the Fogelberg field are estimated at between 7 and 14 bcm. The start of commercial production is in line with the plans of PGNiG as the company seeks to increase the production of natural gas in Norway in order to supply it via the Baltic Pipe […]
Gaz-System has accepted the variant of the Baltic Pipe gas pipeline routing, proposed by the contractor of technical and environmental documentation – Ramboll. The indicated route has been analyzed primarily in terms of environmental, technical and socio-economic aspects.
In the opinion of the vast majority of Poles, Poland should diversify its gas supply sources as soon as possible. Breaking dependence on a single supplier would significantly improve our security and contribute to lower gas prices. These are the most important conclusions from the “Poland’s energy security 2017 – […]
After the evaluation of the Open Season Phase 2 Bids and the final allocation result, GAZ-SYSTEM and Energinet were obliged by the respective national regulatory authorities to assess the economic viability of the Baltic Pipe project. Both operators achieved a positive result of the Economic Test, which means that the […]
On 3 August 2017, GAZ-SYSTEM concluded a contract with Ramboll Danmark A/S for execution of the analytical, survey and design work necessary for securing the requisite building permits for construction of the Baltic Pipe offshore gas pipeline. The scope of work covers geophysical, geotechnical and environmental surveys with the securing […]
Throughout the Three Seas Summit, Polish gas transmission operator GAZ-SYSTEM has entered into an agreement with Plinacro, a Croatian transmission system operator. The companies are going to collaborate in favor of development of the natural gas market in Central Europe. – Launching the Three Seas initiative will contribute to expansion […]
The project promoters of the Baltic Pipe Project, the Polish and the Danish gas transmission system operators, Gas Transmission Operator GAZ-SYSTEM SA and Energinet.dk are launching the market consultation of the Open Season 2017 Rules. The Open Season process is designed to enable shippers to provide relevant TSOs with positive […]