The implementation of the Skanled gas pipeline project has been postponed due to the global financial crisis. The first planned natural gas offshore pipeline connecting Norway to Sweden and Denmark was supposed to deliver gas to Poland through the Baltic pipeline.
One of the Polish investors in the project and shareholders in the Skanled Consortium was Polskie Górnictwo Naftowe i Gazownictwo (PGNiG) – a state-controlled oil and natural gas company.
The project envisaged in its first stage the delivery of gas for the Norwegian chemical industry in the Grenland region. From there the Baltic underwater pipeline was to transport gas to Sweden, Denmark and Poland. The project was to be completed by 2013.
According to the Norwegian Minister of Oil and Energy, Terje Riis Johansen, the Skanled partners decided to suspend further project activities due to increased commercial risk and the global economic developments. (di)