Eastring Vision and Mission
Our vision is to diversify natural gas transmission routes and natural gas sources in Central and South Eastern Europe.
Eastring mission lies in finding a solution which will enhance:
Internal Energy MarketEastring project provides the Balkans with yet untapped access to the European liquid trading gas hubs and thus heavily contributes to competition in these gas markets, providing prospects for lower gas prices and an important step towards a Single European Gas Market.
Energy Market IntegrationEastring helps to fulfil the main idea of North-South and South Gas Corridors supported by the EC to achieve further market integration. As Eastring is oriented to the potentially most vulnerable part of the EU in regard to security of supplies, the project is crucial for the sustainable development of South-Eastern Europe, which makes it one of the most important Projects of Common Interest under development.
Non-Discriminatory AccessEastring is a project open to all interested shippers with unrestricted access to third parties. It is and will be promoted by transmission system operators compliant with the existing energy laws, without any ties to a particular shipper.
Security of SupplyEastring provides an additional access route to the Balkans and effectively helps to mitigate the situation in which the single source of gas import is interrupted.
Diversification of SourcesEastring does not provide only an additional route, it also provides diversification of sources as it will allow new potential suppliers, in particular from the Caspian and Middle East region, to access the European markets. Moreover, in its capacity its objective is not to bypass the traditional route but rather provide a complementary route.
Efficiency and EnvironmentEastring represents the most economic and environmentally friendly solution to achieve the abovementioned targets as it utilizes maximum of the existing infrastructure, including the large Slovak compressor station in Veľké Zlievce.
