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Signature(s)

Amount
€ 51,000,000
Countries
Sector(s)
Tunisia : € 51,000,000
Energy : € 51,000,000
Signature date(s)
10/11/2003 : € 51,000,000
Link to source
Data sheet
Other links
Summary sheet

Summary sheet

Release date
15 September 2003
Status
Reference
Signed | 10/11/2003
20020489
Project name
Promoter - financial intermediary
STEG GAZ
Société Tunisienne de l’Électricité et du Gaz (STEG)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 55 million from the Bank's own resources under the EUROMED II Mandate (2002-2007).
Approximately EUR 115 million
Location
Sector(s)
Description
Objectives

The planned investment focuses mainly on: i) exploiting the LPG associated with gas production in fields in the south of the country (upgrading of the Gabès LPG plant, construction of a compressor station in Gabès); ii) increasing the capacity, flexibility and security of the gas transmission network ( rehabilitation of the El Borma-Gabès gas line, construction of feeder and grid gas lines); iii) extending public gas distribution in the areas covered by the main gas transmission network; and (iv) upgrading metering stations and installing a SCADA system for the gas transmission and distribution networks.

The project forms part of the Tenth National Plan (2002-2006). It is included in the Tunisian Government’s priority programme to rehabilitate and upgrade its gas supply, transmission and distribution network, and to improve its safety and management. By contributing to the development of energy supply in Tunisia, particularly in the private sector, the project accords with the goals set under the Bank's FEMIP facility.

Environmental aspects
Procurement

An evaluation of the project's environmental impact is required by Tunisian law (Decree 91-362), largely inspired by European Directive 97/11/EEC). Environmental impact studies, mitigating measures and their approval by the National Environment Agency (ANPE) are to be submitted to the Bank.

The contracts for the project's various components will be put out to international tender with publication in the OJEC.

Link to source
Summary sheet
Other links

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).

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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