EU invests €112.5m in Polish gas pipeline

A total of €112.5 million (£98m) is to be invested in the construction of a natural gas pipeline in Poland. The funding from the European Regional Development Fund will be […]

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By Priyanka Shrestha

A total of €112.5 million (£98m) is to be invested in the construction of a natural gas pipeline in Poland.

The funding from the European Regional Development Fund will be used for the 167 km-long Lwówek – Odolanów pipeline in the Wielkopolska region.

It will connect the Liquefied Natural Gas (LNG) terminal in the city of Świnoujście, in North-West Poland, to the existing gas transmission, storage and distribution infrastructure.

It was defined as a project of common interest and has the potential to export gas to Ukraine, the Czech Republic and Slovakia.

Commissioner for Regional Policy Corina Creţu said: “This project directly contributes to the implementation of the Energy Union, by improving Poland’s energy security. It will also help provide households and businesses with additional and affordable gas sources and as such boost economic competitiveness in the country and the neighbouring regions.”

The European Commission is seeking a mandate from Member States to give it the authority to negotiate with Russia over the Nord Stream 2 gas pipeline.