Link to source
Data sheet
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Summary sheet
Release date
19 November 2007
Status
Reference
Signed | 09/10/2008
20070088
Project name
Promoter - financial intermediary
EGAS Gas Grid Reinforcement
Egyptian Natural Gas Holding Company (EGAS) and
Egyptian Natural Gas Company (GASCO), Cairo.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 280 million.
EUR 588 million.
Description
Objectives
The project comprises the design, construction, commissioning and commercial operation of five large diameter pipelines with a total length of c. 835 km reinforcing the eastern and southern part of the national high-pressure gas transmission system.
The object is to strengthen the national gas transmission system in view of increasing gas demand in the country.
Environmental aspects
Procurement
The Bank will request the Promoter to carry out EIAs with appropriate public consultation, which will be reviewed by the Bank.
The Bank will require the promoter to ensure that implementation of the project will be done in compliance with the Bank’s Guide to Procurement.
Link to source
Summary sheet
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Data sheet
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