Release date: 7 November 2017
Promoter – Financial Intermediary
EUSTREAM ASLocation
Description
The project consists of the construction and operation of the Slovak section of the Poland-Slovakia bi-directional gas interconnector and modification of the existing compressor station Velke Kapusany.
Objectives
The project will improve the security of supply, flexibility and interoperability of the interconnected gas networks in the region.
Sector(s)
- Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 70 million
Total cost (Approximate amount)
EUR 144 million
Environmental aspects
The promoter has carried out an Environmental Impact Assessment (EIA) for the Slovak section of the Poland-Slovakia gas interconnector and the environmental permit has been issued by the competent authority. The permitting will be further investigated during appraisal to ensure compliance with the Bank's Environmental and Social Standards.
Procurement
The investments under the project are subject to the national and EU procurement provisions defined for entities operating in the water, energy, transport and postal services sectors.
Status
Signed - 27/12/2017
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).