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    Signature(s)

    Amount
    € 20,000,000
    Countries
    Sector(s)
    Greece : € 20,000,000
    Transport : € 20,000,000
    Signature date(s)
    20/12/2019 : € 20,000,000
    Link to source

    Summary sheet

    Release date
    8 January 2020
    Status
    Reference
    Signed | 20/12/2019
    20190313
    Project name
    Promoter - financial intermediary
    DEPA LNG BUNKERING VESSEL
    PUBLIC GAS CORPORATION OF GREECE (DEPA) SA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 20 million
    EUR 40 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the construction of a new liquefied natural gas (LNG) bunkering vessel to be based at Piraeus Port (Core TEN-T port).

    The bunkering vessel will be used to deliver gas to LNG fuelled vessels (ship-to-ship bunkering), mainly based in the vicinity of the port and in other smaller ports in the Aegean and East Mediterranean Sea. The vessel will be constructed and operated in compliance with the European Union (EU) and International Maritime Organisation (IMO) regulations and will operate under an EU Member State flag.

    Environmental aspects
    Procurement

    By providing a flexible LNG bunkering option and promoting LNG as an alternative fuel source, the project is expected to have a positive environmental impact due to emissions reduction from maritime transport in the wider region.

    The project promoter is a public undertaking, as referred to in Directive 2014/25/EU on procurement by entities operating in the water, energy, transport and postal services sectors and repealing Directive 2004/17/EC. Therefore, all contracts financed by means of this project have and will be tendered in accordance with the referred Directive, including publishing all tender related information in the Official Journal of the EU.

    Related projects
    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 Data Sheet (ESDS) - DEPA LNG BUNKERING VESSEL
    Publication Date
    14 Jan 2020
    Document language
    Main Topic
    Lending
    Document Number
    122790760
    Document Focus
    Environmental Information
    Project Number
    20190313
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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