Polish LNG terminal regasification capacity increase cleared by the EU

EPA-EFE/MARCIN BIELECKI/FILE PICTURE

The LNG terminal area in Świnoujście, northwest Poland.

Polish LNG terminal regasification capacity increase cleared by the EU


Share on Facebook
Share on Twitter
Share on Google+
Share on LinkedIn
+

Poland can move ahead with plans to support the increase of the regasification capacity from 5 to 7.5 billion cubic metres per year, as well the development of additional functionalities, of the LNG terminal in Świnoujście, following the approval of the European Commission on 18 March.

The Commission approved the aid for the construction of this LNG terminal in 2011. The increase in capacity was included in the list of Projects of Common Interest of the European Union as part of the Baltic Energy Market Interconnection Plan (BEMIP) corridor.

The Polish LNG will receive PLN 553 million (€128 million) from the European Regional Development Fund and the Cohesion Fund, under the 2014-20 Infrastructure and Environment Operational Programme, which has among its priorities the improvement of energy security.

The Commission said the EC assessed the measure under EU State aid rules, in particular, the Commission 2014 Guidelines on State aid for environmental protection and energy and found that it is in line with the requirements of the Guidelines.

In particular, the Commission said, the project will contribute to ensuring the security of gas supplies in Poland and in the Baltic countries by making supplies more diverse and promoting new gas transport routes in the region.

Share on Facebook
Share on Twitter
Share on Google+
Share on LinkedIn
+