FSRU in Gdańsk received EU funding
The European Commission, under the Connecting Europe Facility (CEF), has granted funding to the LNG Gdańsk Project for the development of technical specifications and performance of engineering works. The maximum amount of awarded support is approx. €19.6 million. In the context of the Russian invasion of Ukraine, this decision underlines the significance of the Project for enhancing the security of supply and independence from Russian gas as well as increasing the availability of LNG in Poland and throughout the region.
The European Commission's decision to grant financial assistance to GAZ-SYSTEM for the LNG Gdańsk Project named: "Engineering works up to obtainment of the building permit for the offshore part of the PCI 6.27 LNG Gdansk (PL)", was accepted by the EU Member States on 7th December 2022. The formal adoption of the decision will follow in the coming weeks. The funding was awarded under the CEF Energy Call for Projects launched in May 2022. The grant covers such works as: seabed surveys, environmental inventories, FEED (Front End Engineering Design), building permit design and detailed design as well as obtaining the necessary administrative decisions and permits – including the building permit.
The construction of the FSRU Terminal in Gdańsk area comes within the framework of both Polish and European policy to ensure sustained access to gaseous fuels. It is an element of a number of strategies and policies securing the reliability of gas supplies, as well as a response to the ever-growing demand for this fuel in Poland as well as in Central and Eastern Europe; it also contributes to the process of the country's energy and economic transition to energy sources generating lower carbon emissions.
In March 2020, the LNG Gdańsk Project was recognized as a Project of Common Interest (PCI) prioritising ‘North-South Gas Interconnection in Central-Eastern and South-Eastern Europe” (NSI East Gas). The Project is also included in the list of critical gas infrastructure under the European Commission's plan presented earlier this year to rapidly reduce dependence on Russian fossil fuels and fast forward the green transition – REPowerUE.
The Connecting Europe Facility (CEF) is a key EU funding instrument to promote growth, jobs and competitiveness through targeted infrastructure investment at European level. It supports the development of high performing, sustainable and efficiently interconnected trans-European networks in the fields of transport, telecommunications and energy.