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    Signature(s)

    Amount
    € 23,000,000
    Countries
    Sector(s)
    Greece : € 23,000,000
    Energy : € 23,000,000
    Signature date(s)
    3/02/2006 : € 23,000,000
    Link to source

    Summary sheet

    Release date
    1 July 2005
    Status
    Reference
    Signed | 03/02/2006
    20050153
    Project name
    Promoter - financial intermediary
    Hellenic Natural Gas III
    Public Gas Corporation of Greece (DEPA) S. A.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Of the order of EUR 25 m.
    Of the order of EUR 50 m.
    Location
    Sector(s)
    Description
    Objectives

    Various new technical installations to increase the import and send-out capacity of the LNG terminal at Revithoussa island, near Athens.

    The project aims at enabling the terminal to handle expected gas demand and enhance overall security of supply to the Greek natural gas network.

    Environmental aspects
    Procurement

    The project falls under Annex II of Directive 97/11/EC, which leaves the decision for a full environmental impact assessment to the member state concerned. Greek environmental authorities required a full assessment, which concluded that none of the project's components are located at sites of historic interest or areas of nature conservation, and that impacts resulting from construction and operation will stay within acceptable limits.

    The project falls under the Directive 93/38/EC and its amendment 98/4/EC. The promoter has confirmed compliance with the respective requirements.

    Comments

    Oil and Gas.

    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).

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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.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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