Abstract: A method for electric protection of a metal object, in which a long-line grounding electrode is installed in an electrolytic medium at a preset distance from the metal object to be protected and the metal object and the long-line grounding electrode are electrically connected to a current source to form a protection circuit, the metal object is polarized, while the sections of the electric connection and the geometric dimensions and/or electric parameters of the grounding electrode are so selected that the value of the current propagation constant in the protection circuit is less than or equal to 10.sup.-3 m.sup.-1. The grounding electrode has an extended central flexible metal conductor (18), an adhesive layer (20) providing an electric contect, and an envelope (19) of a slightly soluble current-conductive material based on a composition including a carbon-containing filler in an amount of 40-80 wt. %, a rubber-base polymer in an amount of 10-49.8 wt. %, a plasticizer in an amount of 9-10 wt.