The agreement for the Balticconnector project to manufacture an offshore pipeline secures the material for the construction phase

On 4 January 2018, Baltic Connector and Elering signed an agreement with Corinth Pipeworks Pipe Industry SA to manufacture an offshore pipeline and deliver pipe material. The agreement covers the pipe material for the 77-kilometre offshore pipeline from Finland to Estonia. The offshore pipeline will be manufactured in 2018 in Corinth’s factory in Greece, and its installation work will commence according to schedule in 2019.

The agreement is one of the biggest within the Balticconnector project. “This agreement enables the project to progress on schedule. It allows all of the offshore pipeline material to be available when the construction phase begins,” says Tom Främling, Baltic Connector’s Project Director.

Baltic Connector Oy is a state-owned company set up in 2015 to implement the Finnish part of the Balticconnector gas pipeline to be built between Finland and Estonia. When completed, Balticconnector will connect the gas networks of Finland and the Baltic countries and will enable the opening of the gas market in Finland. The EU has granted funding to cover 75 % of the project, and the project is due to be completed by 2020.

 

Further information:

Project Director, Tom Främling, tel: +358 50 3262 918
President and CEO, Herkko Plit, tel. +358 50 4620 788

 

The agreement for the Balticconnector project to manufacture an offshore pipeline secures the material for the construction phase, 5.1.2018