Release date: 5 December 2006
Promoter – Financial Intermediary
National Grid Gas plc (NG Gas)
1-3 Strand
LONDON WC2N 5EH
United Kingdom
Attn. Mr. David R. Morgan
Corporate Banking, Treasury
Location
Description
Construction and operation of several onshore underground gas transmission pipelines with a total length of 559 km.
Objectives
New onshore pipeline capacity to transport large additional quantities of gas brought in by import projects under development.
Comments
Transmission of Natural Gas.
Sector(s)
Proposed EIB finance (Approximate amount)
Up to GBP 400 million.
Total cost (Approximate amount)
Up to GBP 1,010 million.
Environmental aspects
The Project falls under Annex I of the EIA directive 85/337/EEC and its amendments, requiring environmental impact assessments for all pipeline sections. The environmental approval process is completed for some pipeline sections and ongoing or under preparation for others.
Procurement
The investments fall under the procurement directive 2004/17/EC.
Status
Signed - 28/02/2007
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).