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Alerts 25 May, 2018 11:00 am   
Editorial staff

A positive investment decision on GIPL reached

The gas transmission system operators from Poland and Lithuania have signed a Connection Agreement that governs legal, business, and technical aspects of the investment project. The conclusion of the Connection Agreement is a real joint commitment of the Parties to build the interconnector. The ceremony took place on 24 May 2018 in Copenhagen, during the on-going European Energy Infrastructure Forum.

– “The construction of the Poland-Lithuania interconnector, one of the most important European projects in the gas field, is an opportunity to remove the existing isolation between the Baltic states and the European gas market. This interconnector will enable the integration of these states with the competitive gas market of the EU, which we wish to build together. Today’s ceremony shows how seriously we treat the idea of the regional energy solidarity and building a common energy market in the European Union” – said Tomasz Stępień, President of the Management Board of Gaz-System.

– “It is worth emphasising that this Agreement, in connection with the Grant Agreement executed for the Baltic Pipe project, is a milestone toward extending the European gas market to cover the Baltic Sea region. It is also a part of the implementation of the BEMIP action plan for the interconnector in the energy market of the Baltic states – added Mr Stępień.

The ceremony was attended by, among others: Piotr Naimski – the Secretary of State of the Chancellery of the Prime Minister, Government Plenipotentiary for Strategic Energy Infrastructure, Miguel Arias Cañete EU – Commissioner for Climate Action and Energy, Michał Kurtyka – Energy Deputy Minister, Government Plenipotentiary for the COP24 Presidency, and Egidijus Purlys – Deputy Minister of Energy of Lithuania.

Gaz-System