25.07.2017

A Positive result of Open Season 2017 Phase 1

A Positive result of Open Season 2017 Phase 1 – Energinet and GAZ-SYSTEM will continue the Baltic Pipe Project activities

The Phase I of the Open Season 2017 for the Baltic Pipe project has showed the interest in realization of the Baltic Pipe Project and confirmed the sufficient demand for gas transportation from the North Sea through Denmark and the Baltic Sea to Poland. Based on evaluation of the results of the Phase I of the Open Season 2017 initiated in June, Danish and Polish gas transmission system operators, Energinet and GAZ-SYSTEM, will now continue the next activities for implementation of the Baltic Pipe.

Both TSO’s will now proceed with the necessary technical, environmental and economic studies and surveys in order to be able to initiate the construction of the gas pipeline if a positive in-vestment decision is taken in 2018.

The next milestone in the Baltic Pipe Project is the initiation of the second, binding phase of the Open Season 2017, which will be launched on September 5, 2017. As a result of this phase, the shippers are expected to commit finally to 15-year contracts for capacity.

GAZ-SYSTEM
Energinet

Read also the news about initiation of the Open Season from June 2, 2017

Contact

ENERGINET
Sofie Leweson, SLE@energinet.dk, +45 30 67 47 03

GAZ-SYSTEM
Mr Adam Marzecki, adam.marzecki@gaz-system.pl, +48 22 220 17 07
Ms Agnieszka Ozga, agnieszka.ozga@gaz-system.pl, +48 22 220 17 50

FACTS

What is Open Season?

A bidding process whereby Energinet.dk and GAZ-SYSTEM S.A. invite companies in the gas market to submit bids for capacity in Baltic Pipe. The companies must submit financially binding bids and thereby acquire capacity – to transport gas through the pipes – for 15 years. The Open Season procedure aims to determine whether – as the preliminary analysis shows – the connection is financially viable.

READ MORE
ENERGINET: Baltic Pipe Project
GAZ-SYSTEM

Gas Transmission Operator GAZ-SYSTEM S.A. is a strategic company for the Polish economy, responsible for the transmission of natural gas and the management of the most important gas pipelines in Poland. GAZ-SYSTEM S.A. is also the owner of Polskie LNG S.A., a company established to build the Świnoujście LNG terminal.
As part of its 2015-2025 investment scheme, GAZ-SYSTEM S.A. is planning to build over 2,000 km of new gas lines in western, southern and eastern Poland. Further expansion of the domestic transmission system, including construction of new gas pipelines being part of the North-South Gas Corridor, as well as construction of interconnections with Lithuania, Slovakia and the Czech Republic, will enhance Poland’s energy security and contribute considerably to the development of the European transmission system.
In 2009-2015, GAZ-SYSTEM S.A. completed an investment plan consisting in the construction of over 1,200 km of new gas transmission lines in north-western and central Poland. The projects implemented by the company and the physical and virtual reversal on the Yamal pipeline have translated into a significant increase in technical import opportunities on routes other than from the East.

 


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