Release date: 28 April 2008
Promoter – Financial Intermediary
Fluxys
Location
Description
Expansion of the natural gas transport system and of an underground storage to meet future gas demand in Belgium and neighbouring countries.
Objectives
The objective is to improve energy security of supply and the interoperability of natural gas networks. The project falls under the Energy-TEN guidelines of the EU.
Sector(s)
Proposed EIB finance (Approximate amount)
Approx. EUR 500 million.
Total cost (Approximate amount)
Approx. EUR 1100 million.
Environmental aspects
The majority of the components under the project falls under Annex I or II of the EIA directive 85/337/EC and its amendments.
Procurement
The project is subject to EU public procurement rules.
Status
Signed - 1/12/2008
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).