lithuania poland to study gas pipeline
Last Updated : GMT 18:26:54
Arab Today, arab today
Arab Today, arab today

Lithuania, Poland to study gas pipeline

Arab Today, arab today

Arab Today, arab today Lithuania, Poland to study gas pipeline

Vilnius - UPI

The national gas companies of Poland and Lithuania said this week they\'re moving ahead with a feasibility study for an interconnector between the countries. Poland\'s Gaz-System S.A. and Lietuvos Dujos of Lithuania announced Monday they had signed an agreement wherein Polish consulting company ILF would take the lead in assessing the potential of the proposed 350-mile gas line. \"The management boards of Gaz-System S.A. and Lietuvos Dujos have decided to continue work on this strategic interconnection,\" Joachim Hockertz, deputy general manager of Lietuvos Dujos, said in a statement. \"We are convinced that this project is of a great importance for the energy security and market integration of the Baltic States.\" The Gas Interconnector Poland-Lithuania envisions transporting up to 2.3 billion cubic meters of natural gas annually to the Baltic nations of Lithuania, Latvia and Estonia, with the possibility of expanding its capacity to 4.5 billion cubic meters. Backers say it\'s an important step toward the Baltic states\' energy security as they seek to diversify away from their current total dependence on Russian supplier Gazprom. Lithuania is also planning to lease a floating liquefied natural gas import facility in 2014 to help in that regard. \"In comparison with other diversification projects in the region, the interconnection between Poland in Lithuania provides a broader range of benefits, enabling access both to EU gas and global LNG markets and, through bi-directional flow capabilities, a higher security of supply for the connected countries,\" Hockertz said. The feasibility study, which should be available by the first quarter of 2013, is being co-financed by the European Commission through its Trans-European Energy Network Program, which seeks to integrate the continent\'s energy markets and diversify its natural gas supplies away from Russia. The proposed $594 million pipeline is also part of the EU\'s Baltic Energy Market Interconnection Plan, which has as its goal the full integration of the three Baltic States into the European energy market. Under the recommended route, the pipeline would run from the Rembelszczyzna gas compressor station near Warsaw to the Jauniunai station near Vilnius. The feasibility study follows earlier business case analysis of the project. \"Gaz-System S.A. expects that a significant part of the investment will be financed from EU funds because this is a priority project in the scope of eliminating energy islands in Europe,\" added Jan Chadam, the Polish company\'s board president. Gazprom, however, owns 37 percent of the Lithuanian company (Germany\'s E.ON Ruhrgas owns the biggest share at 39 percent) and may try to block the project, the Russian business newspaper Kommersant reported in February. The Lithuanian state owns only 17 percent of Lietuvos Dujos but is battling in court to spin off its gas transmission operations into a separate company, which it hopes to establish by July 2013 and have operational by October 2014. Lithuanian Energy Minister Arvydas Sekmokas has repeatedly called for the state to own the transmission pipelines, the Baltic News Service reported.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

lithuania poland to study gas pipeline lithuania poland to study gas pipeline

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

lithuania poland to study gas pipeline lithuania poland to study gas pipeline

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Europe turns on Facebook, Google

GMT 02:26 2017 Monday ,20 November

Europe turns on Facebook, Google
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Mona Abdel Ghany increased artistic activities

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday