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    Signature(s)

    Amount
    € 25,000,000
    Countries
    Sector(s)
    Greece : € 25,000,000
    Energy : € 25,000,000
    Signature date(s)
    8/12/2021 : € 25,000,000

    Summary sheet

    Release date
    12 May 2020
    Status
    Reference
    Signed | 08/12/2021
    20190190
    Project name
    Promoter - financial intermediary
    GAS INTERCONNECTOR GREECE-NORTH MACEDONIA GRPART
    HELLENIC GAS TRANSMISSION SYSTEM OPERATOR SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 25 million
    EUR 51 million
    Location
    Sector(s)
    Description
    Objectives

    Construction of the Greek section of the Greece-North Macedonia gas interconnector, 55km in length. The North Macedonian side is covered by the project "GAS INTERCONNECTOR GREECE-NORTH MACEDONIA NMPART".

    The project, only financing the Greek part of the interconnector, will further optimise the use of the Greek national gas transmission system. Additionally, it will enable the North Macedonian part of it to provide security of gas supply and competition between supply sources, by offering diversification of routes and sources.

    Environmental aspects
    Procurement

    The Greece-North Macedonia pipeline falls under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU (amended 2014/52/EU). The EIA included consideration of potential cross-border impacts and the involvement of the competent authority in response to notification of the project under the Espoo Convention.

    The Bank will require the Promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation, 2014/25/EU, where applicable, as well as Directive 92/13/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    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) - GAS INTERCONNECTOR GREECE-NORTH MACEDONIA GRPART - ΜΕΛΕΤΗ ΠΕΡΙΒΑΛΛΟΝΤΙΚΩΝ ΚΑΙ ΚΟΙΝΩΝΙΚΩΝ ΕΠΙΠΤΩΣΕΩΝ
    Publication Date
    1 Jul 2020
    Document language
    Main Topic
    Lending
    Document Number
    129290536
    Document Focus
    Environmental Information
    Project Number
    20190190
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - GAS INTERCONNECTOR GREECE-NORTH MACEDONIA GRPART
    Publication Date
    23 Jul 2020
    Document language
    Main Topic
    Lending
    Document Number
    129130436
    Document Focus
    Environmental Information
    Project Number
    20190190
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now
    scoreboard - GAS INTERCONNECTOR GREECE-NORTH MACEDONIA GRPART
    Publication Date
    22 Sep 2020
    Document Language
    English
    Main Topic
    lending
    Document Number
    133300673
    Document Focus
    EFSI legal requirements
    Document Type
    Scoreboard
    Project Number
    20190190
    Last update
    22 Sep 2020
    Sector(s)
    Energy
    Countries
    Greece
    Publicly available
    Download now

    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.

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    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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