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BRUSSELS, October 15. /TASS/. The European Commission (EC), Poland and Lithuania have signed an agreement on construction of the Gas Interconnector Poland-Lithuania pipeline (GIPL), which will link gas systems of the Baltic States and Poland.
According to the head of the EC Jean Claude Juncker, the link will put an end to the dependency of the Baltic States (Lithuania, Latvia, Estonia -TASS) on the single supplier.
The construction will start in 2016. The project will be carried out by Polish operator Gaz-System S.A. and Lithuanian operator AB Amber Grid.
Under the agreement the European Commission will invest about 300 million euros in the project. The estimated cost of the gas pipeline construction is €471 million. The gas pipeline will stretch from the Zhirmunai settlement near the Lithuanian capital of Vilnius to the Polish capital of Warsaw. The pipeline capacity will be 2.3 bln cubic meters a year.