20.12.2018

GAZ-SYSTEM to be the gas transmission system operator until 2068

The President of the Energy Regulatory Office (ERO) issued a decision extending the license of GAZ-SYSTEM to transmit gaseous fuels and a decision  extending the period during which the Company will perform the function of the gas transmission system operator in Poland. Both decisions were issued on December 6, 2018, and extend the previous decisions being in force until 2030 by further 38 years - until December 6, 2068.

GAZ-SYSTEM is the sole gas transmission system operator in Poland designated by the President of ERO. The Company is an independent entity in terms of its legal and organizational form as well as  decision-making processes. According to the decisions of the President of ERO, GAZ-SYSTEM warrants efficient transmission system operation within Poland.

The applications being the basis for the issuance of both decisions by the President of ERO were submitted by GAZ-SYSTEM due to the need of  ensuring  licensed transmission operations during the upcoming 50 years. This need results from the Company’s involvement - along with the Danish transmission system operator, Energinet - in the Baltic Pipe project, which covers  i.a. the construction of an offshore  gas pipeline to connect the transmission systems of Poland and Denmark.

The positive decisions of the President of ERO enable the Company to operate on a long-term basis and to implement its investment plans whose primary aim is to diversify supply sources and routes  as well as to strengthen the national energy security.

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 owns Polskie LNG, the operator of the President Lech Kaczyński's LNG Terminal in Świnoujście.

 


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