Italian company will build the Baltic Pipe gas pipeline

The Italian engineering company Saipem (represented by its subsidiary U.K. Saipem Ltd.) received a contract for the construction of the offshore section of the Baltic Pipe gas pipeline from Denmark to Poland. It is reported by Interfax-Ukraine.

The contract value is €280 million.

U.K. Saipem Ltd. will begin its work in the second half of this year with the preparation of construction sites in the areas where the pipe enters the sea and the start of construction of tunnels. Pipe laying will begin in the summer of 2021, and gas supply through the pipe is scheduled for October 1, 2022.

All necessary permits for the construction of the pipe have already been collected, but Sweden has not yet agreed to work in its exclusive economic zone – it is expected in the coming months.

The European Commission has allocated €266.8 million to finance the construction of the pipeline.

The Baltic Pipe gas pipeline should connect the fields on the Norwegian shelf in the North Sea with Poland through Denmark. The planned capacity of the pipeline is 10 billion cubic meters of gas per year.

Earlier it was reported that Denmark had given permission to build an offshore section of the Baltic Pipe gas pipeline.

Tags: Gazprom, gas, Naftogaz, legislation, EU, The European Commission, gas imports, gas production, gas transit, GTS, drilling, foreign affairs, gas exports, Gas market, negotiations, investments, pipeline, gas supplies, modernization, well, field, infrastructure, Poland, energy sector, technologies, natural gas, энергетическая безопасность

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