Contents tagged with gas pipeline

  • Construction of the first gas pipeline between Finland and Estonia has begun

    Construction of the Finnish-Estonian gas pipeline “The Baltic Connector” began in the Finnish city of Inkoo, Yle reports. The Connector is the first gas pipeline in Finland. It will run along the bottom of the Sea and work to reduce dependency on Russian gas supplies.

    The pipeline’s construction is set to be completed in 2020. However, during that time, the Finnish market will be open to competition.

    Construction of the pipeline costs 250 million euro. The European Union will allocate 75% of …

  • Turkey allows Russia's Gazprom to extend Turkish stream pipeline to the EU

    Turkey has concluded an agreement with the Russian Energy Corporation Gazprom regarding construction of the Turkish stream pipeline’s second-string land section, which involved an arrangement to supply gas to the EU, RIA Novosti reports. This agreement will enable Russia to extend its gas pipeline across the territory of Turkey and into the EU border.  

    At the end of April, Gazprom announced the completion of the Turkish stream’s first-string section. The first-string of this Russian gas …

  • Poland decides to build its own gas pipeline in Baltic Sea

    Poland, which opposes the construction of the Nord Stream 2 gas pipeline between Russia and Germany, intends to build its own gas pipeline along the bottom of the Baltic Sea.

    The Frankfurter Allgemeine Zeitung newspaper reported that the Baltic Pipe project will run from the Polish coast to Denmark, and will allow the state-owned Polish gas transportation company Gaz-System to connect to Norway’s gas pipeline network.

    The newspaper notes that in late 2017, the Polish energy company PGNiG …

  • Tusk urges European Union to speed up work on blocking Nord Stream 2

    President of the European Council Donald Tusk has urged the EU countries to quickly draft legislation that could hinder the implementation of the Nord Stream 2 project, reported Rzeczpospolita, citing the Polish Press Agency and a source in the EU.

    Donald Tusk sent a letter to the leaders of the EU countries. Not all leaders have received the letter yet, so it has not currently been published; however, it is known that the message calls on the EU countries to take up draft revisions to the gas …

  • Serbian President wants to build new gas pipeline with support of Russia

    Serbian President Alexander Vučić said that the Republic wants to build a new transit gas pipeline from the border with Bulgaria using Russia’s support.

    According to the Head of State, this would allow Belgrade to earn from €100 to €150 million per year.

    "On the border with Bulgaria, we would have to build a receiving gas pipeline, either by ourselves or with the help of Russia. That said, at the border we would get 9.8 billion cubic meters of gas. From us [Serbia] branches would go to Bosnia …

  • Putin to visit construction of Turkish Stream gas pipeline

    On Friday, Russian President Vladimir Putin will make a business trip to Krasnodar Krai. As reported by the Kremlin’s press service, in Anapa the head of state will inspect the work which is underway on the laying of the Turkish Stream gas pipeline.

    “The President will observe the joining of the shallow and the deep-water parts of the Turkish Stream gas pipeline from on board the pipe-laying vessel the ‘Pioneering Spirit’,” the Kremlin noted.

    The Pioneering Spirit is the largest construction …

  • Poland to construct pipeline to provide an alternative to Russian gas supplies

    The Polish gas pipeline operator company Gaz-System will pay approximately €874 million for the construction of the Baltic Pipe from the North Sea to Poland, as stated by Gaz System, reported.

     “The cost of constructing the gas pipeline on the bottom of the Baltic Sea is estimated at €442 million, another €342 million is for developing the Polish gas transport system, and Gaz-System will also cover 64% of the funds for the construction of a gas compression station, spending almost €91 …