Wednesday

28th Sep 2016

Ticker

EU funds Finnish-Estonian gas link, ending Gazprom dependence

The European Commission has allocated €187.5 million to build Balticconnector, an Estonia-Finland gas pipeline, aimed at ending dependence on Gazprom. "What the Commission has started with the Poland-Lithuania pipeline (GIPL) we are now pursuing with the support to Balticconnector – promoting a chain of projects that will end the gas isolation of north-Eastern Europe and develop the Baltic regional energy market," said energy commissioner Miguel Arias Canete.

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