The European Commission has approved €128 million in state aid to support the increase of the regasification capacity (from 5 to 7.5 billion cubic metres per year), as well the development of additional functionalities, of the LNG terminal in Świnoujście, Poland.
The EC approved the aid for the construction of the LNG terminal in 2011. The increase in capacity was included in the list of Projects of Common Interest of the European Union as part of the Baltic Energy Market Interconnection Plan (BEMIP) corridor.
The EC assessed the measure under EU State aid rules, in particular the Commission 2014 Guidelines on State aid for environmental protection and energy and found that it is in line with the requirements of the Guidelines. In particular, the project will contribute to ensuring security of gas supplies in Poland and in the Baltic countries by making supplies more diverse and promoting new gas transport routes in the region.
For more information visit www.ec.europa.eu
