Greek company Corinth Pipeworks to produce Balticconnector gas pipe
Estonian transmission system operator Elering and Finnish state-owned company Baltic Connector OY on Thursday entered into a contract with Greek company Corinth Pipeworks Pipe Industry SA for the production of the undersea portion of the Balticconnector gas pipeline.
The pipeline is to be produced by the end of 2018 at the contractor's factory in Greece. A total of 6,500 sections of pipe will be produced, which will then be welded together to make up an approximately 80 kilometer section of the Balticconnector pipeline to run beneath the Gulf of Finland. According to the schedule, the pipeline is to be installed in 2019, Elering said.
This contract is one of the most substantial in the construction of the undersea portion of the gas pipeline between Estonia and Finland, which will keep the project on schedule.
Balticconnector, a 150-kilometer pipeline to connect the national gas networks of Estonia and Finland, will run from Kiili, Harju County, via Keila and enter the sea in Paldiski, near the planned LNG terminal. On the Finnish side, the pipeline will reach the mainland in Inkoo and connect with the Finnish gas network in Siuntio.
Approximately 80 kilometers of the pipeline will be located at the bottom of the Gulf of Finland. Compressor stations will also be built in both countries for the transport of gas via the pipeline.
Together with strengthening the gas connection between Estonia and Latvia, the total cost of the Balticconnector project is approximately €300 million, €200 of which will be funded by the European Union.
Editor: Aili Vahtla