Poland's Gaz-System, Ukraine's Ukrtransgas ink gas link deal
WARSAW (Reuters) -- Poland's Gaz-System has signed an agreement with Ukraine's Ukrtransgas to build a gas link to boost exports, the gas grid operator said on Thursday.
 |
| Photo Courtesy of Gaz-System |
Having completed a feasibility study in 2015, the operators expect to boost export capacity to Ukraine to 5 Bcm in 2020 from around 1.5 Bcm currently.
"The signed agreement regulates the cooperation of both operators during the engineering phase and - depending on the investment decision - during future implementation phase," Gaz-System said in a statement.
Poland and Ukraine are both highly dependent on gas imports from Russia.
Last week their two presidents pledge to act jointly to block projects that could result in Russia's Gazprom gaining greater access to the European gas market by bypassing Ukraine.
Reporting by Agnieszka Barteczko; editing by Jason Neely
- ExxonMobil halts 1-Bft3d blue hydrogen project in Texas
- Aramco and Yokogawa commission multiple autonomous control AI agents at Fadhili gas plant
- Ukraine will resume gas imports via Transbalkan route in November
- Mitsubishi to inject $260 MM into Brunei LNG project
- Freeport LNG (U.S.) on track to take in more natgas on Thursday after unit outage
Comments