Friday, November 19

The Polish infrastructure firm, Gaz-System, has completed the construction of the offshore part of the Baltic Pipe gas pipeline.

 “This is the completion of the most important stage of work in the Baltic Pipe project”, said the company in a press release. Baltic Pipe is a strategic project to create a new route for the supply of natural gas from Norway to the markets of Denmark and Poland and end-users in neighboring countries, including Ukraine. The pipeline will be able to supply 10 billion cubic meters of natural gas annually to Poland and 3 billion cubic meters from Poland to Denmark.

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European Commission ready to consult with Ukraine on Nord Stream-2 certification.

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The newly-elected Chancellor, Olaf Scholz, is ready to support Ukraine’s move towards EU membership. The coalition agreement of the new German government contains a clause stating its readiness to support Ukraine’s movement towards membership in the European Union. The agreement reads, “We will work together with the EU and its Member States to further develop the Eastern Partnership and a market economy. It is also noted that the German government will continue to assist Ukraine in restoring its full territorial integrity and sovereignty”.

A senior EBRD delegation is starting a week-long trip to Ukraine to meet with the country’s authorities and private sector companies. The delegation will include Alain Pilloux, the Vice President of Banking and in charge of Bank lending; and Mark Bowman, the Vice President for Policy and Partnerships.  The visit is to reconfirm the EBRD’s support for Ukraine, its reform agenda, and sustainable development. Discussions will focus on the decarbonization of the Ukrainian economy in line with the country’s updated Nationally Determined Contribution, the development of sustainable infrastructure, and the investment