Reference:
20070017
Release date: 28 April 2008
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