Release date: 1 July 2005
Promoter – Financial Intermediary
Public Gas Corporation of Greece (DEPA) S. A.Location
Description
Various new technical installations to increase the import and send-out capacity of the LNG terminal at Revithoussa island, near Athens.
Objectives
The project aims at enabling the terminal to handle expected gas demand and enhance overall security of supply to the Greek natural gas network.
Comments
Oil and Gas.
Sector(s)
Proposed EIB finance (Approximate amount)
Of the order of EUR 25 m.
Total cost (Approximate amount)
Of the order of EUR 50 m.
Environmental aspects
The project falls under Annex II of Directive 97/11/EC, which leaves the decision for a full environmental impact assessment to the member state concerned. Greek environmental authorities required a full assessment, which concluded that none of the project's components are located at sites of historic interest or areas of nature conservation, and that impacts resulting from construction and operation will stay within acceptable limits.
Procurement
The project falls under the Directive 93/38/EC and its amendment 98/4/EC. The promoter has confirmed compliance with the respective requirements.
Status
Signed - 3/02/2006
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).