Trump supports the construction of the Baltic Pipe pipeline between Poland and Denmark

The US President Donald Trump expressed support for the gas pipeline connecting Poland and Denmark, noting that it is able to help expand gas supplies to Europe.

“Countries become vulnerable if they rely on a single supplier of energy resources.  They can be pressured.  Therefore, we support the construction of the Baltic Pipe pipeline, which will help European countries to diversify their sources of energy supply”, he said at a press conference in Washington.

He also announced that Poland and the United States had signed an agreement to purchase LNG consignment.

“Today, our countries have signed an agreement to supply an additional 2 billion cubic meters of LNG worth $8 billion”, he said at a press conference following negoyiations with Polish President Andrzej Duda.

Recall that the Polish Gaz-System and the Danish Energinet have agreed to build the Baltic Pipe gas pipeline, which has to connect the gas transmission systems of Denmark and Poland.  By the Baltic Pipe gas will come from the Norwegian shelf to Poland.  The capacity of this gas pipeline will allow transporting 10 billion cubic meters of natural gas.

On April 15, 2019, Poland and the EC signed an agreement on financing the Baltic Pipe gas pipeline.  Poland annually consumes 15 billion cubic meters of gas.  It produces a third of this volume independently in its territory, and imports the rest.  The main supplier of gas to Poland is the Russian Gazprom.

Source: interfax.com.ua

 

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Tags: gas, contracts, hydrocarbon production, EU, USA, gas production, LNG, foreign affairs

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