Polish regasification expansion approved by European Commission
Published by Tom Mostyn,
Tanks and Terminals,
The European Commission (EC) has approved, under EU state aid rules, plans to increase the regasification capacity from 5 to 7.5 billion m3/yr and develop additional functionalities at the LNG terminal in Swinoujscie, Poland.
The EC approved the aid for the construction of this LNG terminal in 2011. The increase in capacity was included in the list of Projects of Common Interest of the European Union as part of the Baltic Energy Market Interconnection Plan (BEMIP) corridor.
The Polish LNG will receive PLN 553 million (€128 million) from the European Regional Development Fund and the Cohesion Fund, under the 2014 – 2020 Infrastructure and Environment Operational Programme, which has among its priorities the improvement of energy security.
The EC assessed the measure under EU State aid rules, in particular the Commission 2014 Guidelines on State aid for environmental protection and energy and found that it is in line with the requirements of the Guidelines. In particular, the project will contribute to ensuring security of gas supplies in Poland and in the Baltic countries by making supplies more diverse and promoting new gas transport routes in the region.
Read the article online at: https://www.tanksterminals.com/terminals/19032019/polish-regasification-expansion-approved-by-european-commission/
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