Release date: 25 March 2009
Promoter – Financial Intermediary
Energie Steiermark AGLocation
Description
The project concerns the construction and operation of two high pressure natural gas pipeline connections over a total length of 105 km in the region of Styria, Austria.
Objectives
The financing of this project will contribute to the Bank's lending priority policy concerning the security and diversification of energy supplies.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 75 million.
Total cost (Approximate amount)
EUR 150 million.
Environmental aspects
According to the screening by Austrian authorities, the Project falls under Annex II of the EIA Directive. The Bank will further review environmental procedures during appraisal, including mitigation/compensation measures and any effects on nature conservation sites (Habitats Directive 92/43/EEC and Natura 2000).
Procurement
The promoter has confirmed to tender works, supplies and services contracts following procurement rules of relevant national and EU legislation, as defined by procurement Directive 2004/17/EC, including the publication in Official Journal of EC where appropriate. Detailed procedures applied by the promoter will be reviewed during the appraisal.
Status
Signed - 27/11/2009
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).