Projects

Eastring

Report:
Year registered: 2018
Type:
Energy
Status:Registered
3SI countries proposing the project:

Slovakia

Participating 3SI countries:

Bulgaria, Hungary, Romania

Partner countries:

* not part of the 3Seas Initiative
Main objectives:

The project aims to secure natural gas supply for 100 percent of all Balkan countries' consumption and to provide western shippers with a possibility to supply Balkan countries and even Turkey from the European hubs (NCG, Gaspool, Baumgarten, TTF). Eastring is also a new pipeline corridor for future gas imports to Europe from well-established sources as well as alternative new sources – the Black Sea area, the Caspian region, the Middle East, potential Turkish/Bulgarian gas hub, etc. It will offer a direct and the most cost-effictive transmission route between Western EU liquid hubs and the Balkan region/Turkey.

Short description:

The Eastring project is fully compliant with EU rules and unrestricted access for third parties. The project was considered in several variants, different in the routing options and in the level of utilization of the existing infrastructure. Three routing options were analyzed in the Eastring Feasibility Study starting either from the Slovak compressor stations in Veľké Kapušany or Veľké Zlievce and finishing in two versions. The Eastring Feasibility Study showed that Option from Malcoçlar (TR(BG borders) to Veľké Zlievce (SK/HU borders) is the optimal route from the technical and environmental point of view. The initial technical capacity of the project is 20 bil.m3/a year, which can be increased up to the value of 40 bil.m3/a year later on.

Calendar of implementation:
To be determined
    Budget:

    Expected budget is € 2 060 000 000.

    €2.06B0%
    secured
    Financing sources:
    To be determined