Poland and Lithuania want EU subsidy for gas link

poland lithuanian gas linkPolish and Lithuanian state gas companies have applied to the EU to cover three quarters of the cost of building a 500 km gas pipeline between the two nations.

The project is part of an attempt to “integrate the isolated gas markets of the Baltic States into the EU gas market,” Saulius Bilys, general manager of Amber Grid, Lithuania’s gas transmission grid operator, said in a statement on Thursday.

Lithuania, Latvia and Estonia have set ending their current dependency on Russian energy supplies as a priority since the outbreak of conflict in Ukraine. The gas link, a joint project between Poland’s PGNiG and Lithuania’s Amber Grid, is estimated to cost 558 million euro, with a capacity to carry 2.3 billion cubic metres of gas per year.

Source: Polskie Radio- pg

http://www.thenews.pl/1/12/Artykul/179528,Poland-and-Lithuania-want-EU-subsidy-for-gas-link#sthash.eFFR1tbt.dpuf