Italy’s engineering, drilling and construction company Saipem said on May 4 it has been awarded a €280 million contract by Polish operator Gaz-System for the transportation and installation of a natural gas pipeline between Denmark and Poland in the Baltic Sea. The contract was signed by Saipem’s subsidiary in the UK.

The Baltic Pipe Project is a strategic infrastructure project developed by a joint venture between Gaz-System and and is co-financed by the European Union to create a new inter-European gas corridor that will supply gas directly from Norway to the markets in Poland, Denmark and neighbouring countries. The project is also expected to reduce Poland’s natural gas dependence on Russia, especially after 2022 when the contract is scheduled to expire. Poland is also importing liquified natural gas (LNG) via its terminal in Swinoujscie on the Baltic Sea.

Poland’s President Andrzej Duda told  a press conference on May 4 the Baltic pipe is scheduled to be launched on October 1, 2022 and will increase the country’s energy diversification.

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