Polish Pipeline Operator Signs Deals To Ship Gas To Czech Rep

Polish state-owned gas pipeline operator Gaz-System said Tuesday it signed three agreements for natural gas shipment using a pipeline between Poland and the Czech Republic.
Τρι, 5 Ιανουαρίου 2010 - 18:50

Polish state-owned gas pipeline operator Gaz-System said Tuesday it signed three agreements for natural gas shipment using a pipeline between Poland and the Czech Republic.

The pipeline with an annual capacity of 500 million cubic meters will open in 2011, Gaz-System said.

The company signed agreements with state-controlled gas firm PGNiG (PGN.WA), and privately held companies Handen and KRI.

Gaz-System also signed a cooperation agreement with RWE Transgas Net sro, the Czech unit of Germany's RWE AG (RWE.XE).

The pipeline to the Czech Republic will be Poland's second that will connect to a gas pipeline system of other European Union countries.

The pipeline will be 30-kilometers long, with 20-kilometers of it located in Poland.