Financial support from the EU
Grant competition 2017 (CEF ENERGY 2017)
On 24 May 2018 the agreement to grant financial assistance for the design works for the Baltic Pipe Project under the Connecting Europe Facility Programme (CEF) has been signed.
It was a result of the decision made by the Member States on 25 January 2018 that approved granting subsidy for the Baltic Pipe Project under the Connecting Europe Facility Programme (CEF).
The financial support has been awarded based on the grant competition in 2017 under the CEF Energy for activities titled “Preparatory works for the Baltic Pipe Project until obtaining the necessary construction permits in Poland and Denmark”.
The maximum amount of the subsidy granted for the abovementioned action was EUR 33.1 million and it includes all activities conducted by both partners namely GAZ-SYSTEM S.A. and Energinet.
Grant competition 2018 (CEF ENERGY 2018)
On 16 July 2018 the Member States accepted the European Commission’s proposal to grant subsidy for the Baltic Pipe Project under the Connecting Europe Facility Programme (CEF) for the activities titled “Strengthening the national gas transmission systems in Poland and Denmark for the Baltic Pipe Project”. Currently, the final content of the grant agreement is being agreed upon between both Gas Transmission Operators and they will issue a separate press release after its signing.
The maximum amount of the subsidy granted for the abovementioned action was EUR 18,3 million and it includes all activities conducted by both partners namely GAZ-SYSTEM S.A. and Energinet.
Overall, the maximum amount of the already received financial support is EUR 51.4 million and it will be allocated for the implementation of the design works and obtaining all necessary administrative permits both for the offshore part of the gas pipeline and the extension of the necessary transmission infrastructure on the territories of Denmark and Poland.
It is worth mentioning that in 2015 the Baltic Pipe Project also received subsidy under the CEF Energy facility whose scope included conducting analytical studies and preparing “The feasibility study for the cross-system connection Baltic Pipe connecting Poland and Denmark”.
