Polished Times 🇵🇱 semper invicta Profile picture
🇵🇱potpourri of news,history&heritage ⚜️winging our way to glory ⚜️EconHist by training, chronically ill by fate ⚜️PhD⚜️LSE⚜️ECB⚜️PRINCETON ⚜️mon❤️reste en🇵🇱

Sep 24, 2022, 12 tweets

Less than 4️⃣ years after the @BalticPipe_PL construction agreement was signed the #BalticPipe project is about to become operational on Oct 1 & will be filled with as much gas as is needed to make 🇵🇱 independent from 🇷🇺

This is why it's of key importance, a🧵:

#BeLikePoland

#BalticPipe is a strategic #gas infrastructure project with the goal of creating a new supply corridor in 🇪🇺 market. The new pipeline will allow transport of gas from 🇳🇴 to the 🇩🇰 and 🇵🇱 markets, as well as to end users in neighboring countries.

#BeLikePoland #EnergyIndependence

Through the pipeline & the Świnoujście LNG port, 🇵🇱 would be able to bring in as much gas as the country currently requires – 17 billion cubic meters a year. As a result, #Poland will not be at mercy of possible blackmail from #Russia.

#BalticPipe investment has been recognised by the @EU_Commission as a "project of Common Interest". It is a status granted to projects aimed at strengthening 🇪🇺 internal energy market by reaching the 🇪🇺 energy policy objectives of providing affordable, secure& sustainable energy

The key component of #BalticPipe project is the offshore gas pipeline connecting 🇩🇰&🇵🇱

The offshore part installed on the Baltic seabed crosses the marine areas of three countries: 🇩🇰🇵🇱& 🇸🇪. The entire offshore route is approximately 275km long

#BeLikePoland #EnergyIndependence

The decision to proceed with this strategic investment was yet another prescient move on behalf of 🇵🇱 gov't. Already in 2018 🇵🇱 rang alarm bells about #NS2 & 🇷🇺's intend to use it as an instrument of political blackmail against #Ukraine & the countries of CEE.

#PolandFirstToWarn

There are 4️⃣ key benefits of the #BalticPipeline

1️⃣ ENERGY SECURITY
🔱 Diversification of sources and directions of supply
🔱 Reducing the risk of supply disruptions

#BeLikePoland #EnergyIndependence #Poland #RussiaIsATerroristState

2️⃣ GAS MARKET DEVELOPMENT
🔱 Increasing competitiveness between suppliers
🔱 New trade opportunities

#BeLikePoland #EnergyIndependence #Poland

3️⃣ GREATER GAS AVAILIBILITY
🔱 Lower transmission tariffs
🔱 Price benefits for end users

#BeLikePoland #EnergyIndependence #Poland

4️⃣ ENVIRONMENTAL PROTECTION
🔱 Reduction of #CO2 emissions
🔱 Support for integration of renewable energy sources

#BeLikePoland #EnergyIndependence #Poland #EnvironmentalSustainability #Ecology #environment

And thus the upcoming inauguration of the #BalticPipe will be a historic moment indeed. In addition to being able to pump gas it will be a milestone in 🇵🇱's efforts to achieve full #EnergyIndependence from 🇷🇺 gas, making #Poland a role model for others.

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