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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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    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.
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