Poland, Croatia Gas Operators to Speed Up North-South Gas Corridor

Reuters

WARSAW, July 7 (Reuters) - Polish gas pipeline operator Gaz System said on Friday it had signed an agreement with Croatian counterpart Plinacro to accelerate work on their North-South Gas Corridor link.

The deal was signed during the Three Seas Summit held in Warsaw and is designed to boost the liquefied natural gas (LNG) market in central Europe, the operators said.

Poland opened its first LNG terminal at the Baltic Sea port of Swinoujscie in 2016.

The country is looking to reduce its reliance on Russian gas imports.

Croatia aims to have its own LNG terminal operating on the northern Adriatic island of Krk by mid-2019.

The North-South Gas Corridor, expected to be completed in the next two to three years, will enable gas flows between the two terminals.

"Tightening cooperation between operators in Poland and Croatia will make the North-South Gas Corridor construction process more dynamic," Gaz System said in a statement.

(Reporting by Agnieszka Barteczko; editing by Jason Neely)

Copyright 2017 Thomson Reuters. Click for Restrictions.

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