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Signature(s)

Amount
€ 90,000,000
Countries
Sector(s)
Croatia : € 90,000,000
Energy : € 90,000,000
Signature date(s)
16/12/2003 : € 90,000,000
Link to source

Summary sheet

Release date
20 June 2003
Status
Reference
Signed | 16/12/2003
20020625
Project name
Promoter - financial intermediary
Plinacro Gas Pipelines
PLINACRO Ltd (“Plinacro”) – State-owned natural gas transportation and trading company
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Loan on own resources of up to EUR 95 million
Project costs for the 3 elements mentioned above total more than EUR 200 million.
Location
Sector(s)
Description
Objectives

The project involves the extension and modernisation of the Croatian gas transmission system.

The extension and modernisation of the Croatian gas transmission system, consisting of:

  • a new 180 km trunk pipeline from Zagreb to Slavonski Brod to supply gas to the Slavonia region (Eastern Croatia)
  • a new 192 km trunk supply pipeline from Pula (Croatian coast) to Karlovac (near Zagreb) that will connect the existing network to offshore gas fields in the Adriatic sea and further to the Italian gas network (through the existing Northern Adriatic pipeline system )
  • a number of dispersed investment schemes for the modernisation/rehabilitation of the existing gas transmission system and implementation of a new network control system - SCADA

Environmental aspects
Procurement

EIA’s are required for gas pipelines in Croatia. Four environmental impact studies are being carried out for the various sections of the new gas pipelines which are still to be completed and reviewed.

Plinacro will follow EIB’s requirement in respect of international competitive bidding (including a publication in the OJEC).

Link to source

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).

News & Stories

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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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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