A pipeline intended to connect the gas networks of Lithuania, Estonia, Latvia and Finland to mainland Europe will start operating in the second half of 2022 after a delay of almost a year, told Reuters the Lithuanian Minister of Energy.

Construction of the pipeline connecting Lithuania and Poland will be completed by the end of 2021 as previously planned, but the licensing will still take several months, Dainius Kreivys said in an interview. The four countries, which are currently supplied by a pipeline from Russian Gazprom and liquefied natural gas (LNG) from a terminal in the Lithuanian port of Klaipeda, will have access to the Central European gas network once the pipeline to Poland begins. to operate.

“We will become a part of a huge integrated market in Central Europe, demand for gas continues to grow in the region, and at the same time, we expect Russian gas imports through Ukraine to be significantly reduced, ”Kreivys said. Poland and Lithuania plan to introduce reduced tariffs for pumping gas through the pipeline to ensure its success, Kreivys said, as well as discussions on “a common tariff area or deeper integration of gas markets.” from both countries.

“Further market integration will help us take full advantage of the infrastructure,” Kreivys said, highlighting the interest of Polish companies in using underground gas storage in Latvia and the prospect of selling the terminal to import of LNG from Klaipeda to Poland. “Once the pipeline is commissioned, it is likely that there will be no unused capacity left at the terminal,” Kreivys said.

The Klaipeda facility, launched in 2014, operates at around half of its annual import capacity of 39 TWh. Poland is expected to cut Russian supplies next year, while a pipeline connecting Norwegian gas fields via the Baltic Sea and Denmark is expected to come into operation at the end of next year.

Another gas link between Poland and Slovakia will also come into operation in 2022, giving Poland a direct connection with Ukraine.

(This story was not edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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