Construction of Slovak-Polish gas pipeline link launched

19/09/2018 08:50 Natural Gas

news

The construction of a gas pipeline link between Slovakia and Poland was ceremonially launched at the gas transport hub in Veľké Kapušany (Košice Region) on Tuesday, September 18.

“We’ll have another reserve resource of gas supplies if, God forbid, gas transit via Ukraine is halted,” said Pellegrini, as cited by the TASR newswire. “This link to Poland will allow us to cover for Slovakia’s annual gas consumption.

 

The Slovak-Polish gas interconnection will be built by Slovakia's Eustream and Poland's Gaz-System. It is scheduled to be put into operation in 2021. It will be 160-kilometres long, of which 103 kilometres will be in Slovakia. The overall cost for Slovakia should be €142 million, while the project has received a grant from the EU amounting to €55 million and a €70 million loan from the European Investment Bank.

 

The Veľké Kapušany-Strachocina link will in effect also connect Slovakia to the Baltic LNG terminal Świnoujście, which has direct access to alternative resources of natural gas from many other parts of the world.

Source: spectator.sme.sk

Daily (20.10.2020): Colder weather and stronger LNG prices supported front-month British gas prices at the beginning of the new week

20/10/2020 09:47:00

Crude oil futures continued to slip on Monday as the OPEC+ panel has made no new policy proposals from January 2021. Moreover, a resurgence of the coronavirus in Europe and the U.S. threatened to hinder a recovery in demand. Consequently, Brent crude slipped by 31 cents, or 0.7%, to settle at $42.62 a barrel. U.S. WTI crude ended rather flat at $40.83 a barrel.

<READ MORE

French nuclear hits 41 GW, up 12 GW over past month

20/10/2020 09:25:00

French nuclear generation ramped up to 41 GW on Oct. 19 as more reactors returned to service after maintenance, lifting average output by 12 GW over the past four weeks, system data showed.

READ MORE

UK government extends price cap on energy bills to end of 2021

20/10/2020 09:19:00

The cap was introduced in January 2019 to put a lid on standard variable tariffs, the basic rate that energy suppliers charge if a customer does not opt for a specific fixed-term deal. It had been due to expire at the end of this year

READ MORE