Polish LNG terminal extension grant

Almost €128m from the European Regional Development Fund is invested in extending the Baltic Sea Coast terminal, which is the only facility of its size in Northern, Central and Eastern Europe.

Corina Creţu, Commissioner for Regional Policy at the European Commission (EC), stated: “The extension of the Świnoujście terminal will help diversify natural gas supply sources and improve the country’s energy security. This is a new example of the Energy Union in motion, supported by Cohesion Policy.”

The current investment comes on top of more than €250m of Cohesion Policy funds already invested in the terminal and more than €2bn invested in Polish energy infrastructure since 2007, said the EC.

The terminal expansion project is on the European list of Projects of Common Interest (PCI). Together with the ‘Baltic Pipe’ project, for which a €215m EU grant was signed just last week, the LNG terminal in Świnoujście will open Poland’s gas market to new suppliers, enhancing the diversity and security of energy sources in Poland.

The Baltic pipe will allow, as of 2022, the shipment of gas from the North Sea to the Polish market and further to the Baltic States and neighbouring countries. At the same time, the pipeline will enable the supply of gas from Poland, via the LNG terminal, to the Danish and Swedish markets.