30.11.2017

GAZ-SYSTEM investments recognised as the priority projects in the European Union

On 24 November 2017, the European Commission published the third European list of projects in the natural gas sector that were granted the status of Projects of Common Interest (PCIs).

The PCI status confirms that GAZ-SYSTEM projects constitute key elements of energy security policy that is under implementation by the Polish government, and are in line with EU energy policy. This is even more important taking into consideration that the number of gas projects on subsequent PCI lists is limited - said Tomasz Stępień, President of the Management Board, GAZ-SYSTEM S.A.

The investment projects undertaken by GAZ-SYSTEM S.A. were analysed, evaluated and subsequently assigned the priority status in two regional initiatives focusing on natural gas:

Baltic Energy Market Interconnection Plan (BEMIP):
• Baltc Pipe project;
• Exptension of LNG terminal in Świnoujściel
• Poland-Lithuania Gas Interconnection (GIPL).

North-South gas interconnections in Central and Eastern and South-Eastern Europe (NSI East Gas):
• Poland - Slovakia interconnection and the North-South corridor in Eastern Poland;
• Poland - Czech Republic interconnection and the North-South corridor in Western Poland;

The PCI projects are developed and implemented as part of a scheme consisting in the application of dedicated administrative procedures, as well as specific regulatory solutions provided for in EU Regulation 347/2013. In justified cases, Projects of Common Interest are eligible for financial support under the Connecting Europe Facility (CEF).

The PCI list is updated every two years. Its first version was published on 15 October  2013, while the second list was released on 18 November 2015.

GAZ-SYSTEM plays a strategic role in the Polish economy. We are responsible for natural gas transmission and operate the most important gas pipelines in Poland. As part of the 2015-2025 investment programme, GAZ-SYSTEM plans to build over 2000 km of new gas pipelines in western, southern and eastern parts of Poland. Further development of the national transmission network, including the construction of new gas pipelines making part of the North-South Gas Corridor, as well as the construction of interconnections with the neighbouring countries, will strengthen Poland’s energy security and make an important contribution to the development of the European transmission system.

The Company is implementing one of the most important infrastructural projects in Poland – the Baltic Pipe project, which consists in the construction of a bidirectional offshore gas pipeline connecting Poland and Denmark and the expansion of the local transmission network.

GAZ-SYSTEM also controls Polskie LNG, the operator of the LNG terminal in Świnoujście.

 


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