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    Signature(s)

    Amount
    € 150,000,000
    Countries
    Sector(s)
    Romania : € 150,000,000
    Energy : € 150,000,000
    Signature date(s)
    17/12/2018 : € 50,000,000
    24/01/2019 : € 100,000,000
    Link to source

    Summary sheet

    Release date
    19 October 2018
    Status
    Reference
    Signed | 17/12/2018
    20180237
    Project name
    Promoter - financial intermediary
    BLACK SEA GAS CONNECTION
    SOCIETATEA NATIONALA DE TRANSPORT GAZE NATURALE TRANSGAZ SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 150 million
    EUR 360 million
    Location
    Sector(s)
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The project comprises the construction of new onshore natural gas transmission pipeline, which will connect the gas production from the Black Sea with the BRUA (Bulgaria, Romania, Hungary, Austria) gas corridor.

    This project will enhance the security of gas supply in the European Union.

    Environmental aspects
    Procurement

    The project falls under Annex I of the Environmental Impact Assessment (EIA) Directive, the environmental impact assessment process has been completed, and the promoter has received the environmental and construction permits. The pipeline will be routed to avoid environmentally sensitive areas to the extent possible and to follow existing rights of way where appropriate, thus maintaining the integrity of sensitive zones. The impact that can typically be expected is mainly temporary, related to construction works and can usually be well managed by appropriate construction measures. An assessment of the potential environmental and social impacts along with checking alignment with the EIA Directive, as well as with the Habitats and Birds Directives (2009/147/EC and 92/43/EEC, respectively) will be carried out during the appraisal.

    The investments fall under EU public procurement legislation. The Bank will review with the promoter the proposed procurement procedures and will require the promoter to ensure that contracts for the implementation of the program have been/shall be tendered in accordance with relevant applicable EU procurement legislation.

    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).

    Documents

    Environmental and Social Impact Assessment (ESIA) - BLACK SEA GAS CONNECTION - Raport privind impactul asupra mediului
    Publication Date
    15 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    85082957
    Document Focus
    Environmental Information
    Project Number
    20180237
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - BLACK SEA GAS CONNECTION
    Publication Date
    16 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    86364593
    Document Focus
    Environmental Information
    Project Number
    20180237
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - BLACK SEA GAS CONNECTION - Studiu de Evaluare Adecvată
    Publication Date
    16 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    85094448
    Document Focus
    Environmental Information
    Project Number
    20180237
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - BLACK SEA GAS CONNECTION - Fișa de evaluare a sectoarelor
    Publication Date
    16 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    85084304
    Document Focus
    Environmental Information
    Project Number
    20180237
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - BLACK SEA GAS CONNECTION - Studiu de Evaluare Adecvată II
    Publication Date
    16 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    85089518
    Document Focus
    Environmental Information
    Project Number
    20180237
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - BLACK SEA GAS CONNECTION - Studiu de Evaluare Adecvată - Fişa speciei
    Publication Date
    16 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    85087242
    Document Focus
    Environmental Information
    Project Number
    20180237
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - BLACK SEA GAS CONNECTION - Studiu de Evaluare Adecvată - Fişa speciei
    Publication Date
    16 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    85089304
    Document Focus
    Environmental Information
    Project Number
    20180237
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - BLACK SEA GAS CONNECTION - Fișa de evaluare a sectoarelor
    Publication Date
    16 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    90263707
    Document Focus
    Environmental Information
    Project Number
    20180237
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - BLACK SEA GAS CONNECTION
    Publication Date
    8 Feb 2019
    Document Language
    English
    Main Topic
    lending
    Document Number
    88702400
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20180237
    Last update
    8 Feb 2019
    Sector(s)
    Energy
    Countries
    Romania
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    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.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    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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