EU to Fund New Poland-Slovakia Gas Pipeline

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The European Union’s Innovation and Networks Executive Agency (INEA), Polish operator Gaz-System and its Slovak counterpart Eustream have signed an agreement to construct a new gas pipeline connecting Poland and Slovakia.

The new 165 kilometre pipeline will allow for the diversification of the CEE region’s gas sources by completing a missing link between the Polish and Slovak gas transmission systems: both Poland and Slovakia will now gain direct access to a variety of gas supply sources in the north and in the south, such as the planned Eastring pipeline linking the Balkans.

“With the completion of the Baltic Pipe project – in 2022 – Poland will gain new import opportunities,” said Piotr Naimski, the Polish government’s delegate for strategic energy. “This is an important element in strengthening the energy security of our country and the whole of Central and Eastern Europe.”

“This is another milestone on the way to the creation of a north-south gas corridor,” commented the Polish Deputy Minister of Energy Michał Kurtyka.

“Together with the planned expansion of the internal transmission system in Poland and the development of connections in Central and Eastern Europe, this project will help to create a strong and stable regional market, with security based on diversified sources of gas. It is also important from a strategic point of view for the common interests of the Visegrad Group and Trójmorza initiatives,” he said.

According to the Polish Ministry of Energy the investment will bring a number of benefits, both for the internal market in both countries, but also in a regional context. In fact, ensuring the security of gas supply for the countries of Central and Eastern Europe will increase the safety of gas in the region.

The EU will provide 107.7 million euros to finance the project.

“The financial support received via CEF funding underlines the important role the Poland-Slovakia Gas Interconnection has in fulfilling the European Union’s energy policy objectives” said Tomasz Stępień, president of the management board at Gaz-System.

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Construction site with crane and building. Construction site in western europe - in Poland.

e-Estonia: Believe the Hype

Polish Shoppers in Hunt for Eggs

eggs in rack

Chickens Blamed for Romanian Budget Deficit

Two white chickens or hens inside a chicken coop or hen house seen through chicken wire.

Growing Rzeszów

Rynek Glowny in Rzeszow. Rzeszow Podkarpackie Poland.

Visegrád Divided

visegrad

Chris Lowney — What Jesuit Spirituality Can Teach Us About Global Leadership

Steep Jump in Georgian Exports

container ship in import export and business logistic.By crane Trade Port Shipping.cargo to harbor.Aerial view.Top view.

Emerging Europe Internet Speeds: Could Do Better

3d rendering internet speed meter close up

Growth Continues for State-Owned Azerbaijan Airlines

Azerbaijan Baku - September 16 2015: View of the Heydar Aliyev International Airport sign in Baku Azerbaijan. The airport is the home of Azerbaijan Airlines the national flag carrier.

The Socialism of Central Europe’s Populists

MARSEILLE FRANCE - JUNE 21 2016: People watch football match at Tribunes of Stade Velodrome during UEFA EURO 2016 game Ukraine v Poland

Romania Warned Again by European Council Over Budget Deficit

romania finance ministry

Romanian National Bank Hikes Interest Rates

BUCHAREST ROMANIA - MAY 25 2014: The National Bank of Romania (BNR) building palace designed by Albert Galleron and Cassien Bernard.

Bulgaria Keen on Euro Adoption

FRANKFURT GERMANY - MAY 16 2014: Euro Sign. European Central Bank (ECB) is the central bank for the euro and administers the monetary policy of the Eurozone in Frankfurt Germany.

Assaults on the Judiciary: How CEE Governments Are Trying to Restrict Judicial Independence, and Why It’s Not Working… For Now

poland romania justice system

Bulgaria Ski Resort Plans Concern WWF

Bansko, Bulgaria - December, 6, 2015: Two Bansko cable car cabins and snow mountains peaks

Georgian Wine Posts Record Results

Glass of wine at tasting area of annual city festival Tbilisoba with crowd of people around. Tbilisi, the capital of Georgia country

Czech PM Loses Confidence Vote

andrej Babiš

Sunday Trading in Poland Under Renewed Threat

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