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        STRATEGIC OIL RESERVES STORAGE - SPAIN

        Signature(s)

        Amount
        € 66,000,000
        Countries
        Sector(s)
        Spain : € 66,000,000
        Energy : € 66,000,000
        Signature date(s)
        7/11/2007 : € 20,000,000
        7/11/2007 : € 46,000,000
        Other links
        Related publications
        Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - ES
        Related publications
        Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - ES
        Related publications
        Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - ES
        Related publications
        Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - ES

        Summary sheet

        Release date
        1 December 2006
        Status
        Reference
        Signed | 07/11/2007
        20060279
        Project name
        Promoter - financial intermediary
        Strategic Oil Reserves Storage
        Compañía Logística de Hidrocarburos CLH, S.A.
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 66 million.
        EUR 132 million.
        Location
        Sector(s)
        Description
        Objectives

        The project will increase CLH’s strategic oil reserve storage tank capacity.

        The purpose of the project is to build oil product tanks for mandatory oil stocks following the growing consumption in the country. The increase in storage capacity is required by Spanish legislation, and supports compliance with Directive 68/414/EEC as amended by 98/93/EC on strategic oil reserves.

        Environmental aspects
        Procurement

        The project comprises components that due to their technical characteristics fall under Annex I or Annex II of the EIA Directive 85/337/EEC and amendments.

        The operation of this project does not constitute an activity specified by the EU Directive 2004/17/EC on public procurement for water, energy, transport and postal services. The CLH in-house purchasing procedures shall be verified during the appraisal.

        Comments

        Transport.

        Other links
        Related publications
        Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - ES
        Related publications
        Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - ES
        Related publications
        Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - ES
        Related publications
        Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) - - ES

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        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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