EU grants another subsidy to Baltic Pipe under the CEF 2018
The Baltic Pipe Project has been granted another subsidy under the Connecting Europe Facility Programme (CEF). The European Commission’s proposal to grant financial assistance was approved by the Member States on 16 July 2018.
The subsidy under the Connecting Europe Facility (CEF) for preparatory works within the Baltic Pipe project was awarded in the CEF Energy 2018 call for proposals launched by the European Commission in March this year.
The action titled ”Reinforcement of the national gas transmission systems in Poland and Denmark for the Baltic Pipe”” will be implemented by the Polish and Danish gas transmission system operators – GAZ-SYSTEM and Energinet, and includes engineering works up to obtainment of all necessary building permits for the onshore gas pipelines in Denmark and Poland.
The maximum amount of the subsidy granted for the entire action is EUR 18.3 million.
The Baltic Pipe Project has already received financial support under the CEF program. In 2015, a subsidy under CEF Energy was granted for analytical work and feasibility study development. It was followed by another grant in 2017 awarded to the activity titled ”Preparatory works for the Baltic Pipe Project up to obtainment of all necessary permission(s) in Poland and in Denmark”. In May this year ENERGINET and GAZ-SYSTEM announced that the grant agreement has been signed.