Failed gas projects have cost EU €440 million, new research shows

In less than a decade, the European Union has spent €440 million on gas pipelines that have either never been completed or are likely to fail, according to new research published on Monday (22 February).

Gas pipes and associated gear are pictured prior to the inauguration ceremony of the Podisor gas compression facility, part of the BRUA pipeline project, near Podisor village, 50 Km south-west from Bucharest, Romania, 31 October 2019. The Bulgaria-Romania-Hungary-Austria (BRUA) pipeline project, formally conceived in 2016 is partially sponsored by the European Union. [EPA-EFE/ROBERT GHEMENT]

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Frédéric Simon Euractiv 22-02-2021 08:09 5 min. read Content type:

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Updated: 29-09-2024

Failed gas projects have cost EU €440 million, new research shows

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