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    Slovak Spectator: Gas could flow via Eastring in late 2018

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Summary

The Eastring pipeline is a new gas route connecting western Europe and the Balkans via Slovakia proposed by Slovak natural gas carrier Eustream.

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Press Notes

Slovak Spectator: Gas could flow via Eastring in late 2018

WITH THE background of Russian-Ukrainian talks in Brussels about possible gas flow cuts the Slovak cabinet will debate Eastring, a project of a new gas route connecting western Europe and the Balkans via Slovakia proposed by the Slovak natural gas carrier Eustream. 

The cabinet will deal with the information material prepared by the Economy Ministry on Wednesday, March 4.

“In terms of provided data and information related to the Eastring project compared with other projects it is possible to say that currently it represents the most effective gas pipeline project in the given region from the viewpoint of investments and time,” reads the ministry’s document.

The Eastring pipeline, whose initial capacity of 20 billion cubic metres of natural gas per year should grow to 40 billion cubic metres, should be put into commercial operation in late 2018. The length of the pipeline, depending on its final routing, will be between 744 and 1,015 kilometres. Capital expenditures for the first phase of the project are estimated at between €1.14 billion and €1.52 billion.

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