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Friday 24.03.2017 | Name days: Kazimirs, Izidors
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Companies seek funding for Estonian-Finnish gas grid interconnection

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RU

Estonian gas grid operator Elering has on April 28 announced that it in cooperation with Finnish firm Baltic Connector has applied for EU co-funding for building a Estonian-Finnish gas grid interconnection.

ERR reports that the construction works on the proposed new pipeline intended to connect the Finnish and Estonian gas grids was originally planned for 2016.

The two state-owned operators submitted the application for funding on April 27 and works are now planned to be finished in 2019.

Elering and Baltic Connector have applied for EU Connecting Europe Facility’s funding to cover 75% of the project’s total cost, which is quoted to be 250 million euros.

Ref: 111.111.111.3433


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