Feasibility Study
The feasibility study which was completed in 2001 included market assessment, seabed survey, offshore and onshore installations estimated total cost to be €225 million ($202.3 million). The pipeline was scheduled to become operational circa 2004–2005. Environmental impact assessment started in 2002. Authorization from Swedish government was given in 2004, by Denmark – in 2005. The last phase of authorization was to come from Germany, in 2006. The project has not been implemented yet.
During the initial stages of the project, gas was planned to transported from the North Sea which is now in depletion. Consequently, Russian gas has been considered as an alternative source for the pipeline. However, due to considerations for linking Nord Stream pipeline to Swedish pipeline network, implementation of BGI is being revisited.
Read more about this topic: Baltic Gas Interconnector
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