Danish regulator gives the go-ahead for building of Baltic Pipe

The Danish environmental regulator has issued a new permit for the construction of the Baltic Pipe gas pipeline, which will be laid between Poland and Denmark, Report informs, citing the Polish gas transportation company GAZ-SISTEM.

"The Danish Environmental Protection Agency (DEPA) has issued a new environmental permit for the construction of the onshore section of the Baltic Pipe gas pipeline, the construction of which was suspended last year. This allows Energinet, the Danish partner of GAZ-SISTEM, to resume construction," the report says.

Upon completion of the construction of the gas pipeline, it is planned to connect to the Norwegian gas transmission network and transport natural gas from Norway to Poland, through Denmark. Earlier, the Polish authorities announced plans to replace Russian gas with imports from Norway and the United States.

The project is estimated at approximately 1.94 billion euros. Commissioning is expected in October 2022, according to forecasts.

Its capacity is expected to be up to 10 billion cubic meters of gas per year. Of this volume, 80% was booked by the Polish PGNiG. In 2021, the Norwegian division of the company acquired the Norwegian offshore Duva field for $615 million. Thanks to Duva and another offshore field, Tira, 35% or 3.5 billion cubic meters of gas from the total capacity of the Baltic Pipe pipeline will be used.