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    Reference: 20170317
    Release date: 7 November 2017

    Promoter – Financial Intermediary

    EUSTREAM AS

    Location

    Description

    The project consists of the construction and operation of the Slovak section of the Poland-Slovakia bi-directional gas interconnector and modification of the existing compressor station Velke Kapusany.

    Objectives

    The project will improve the security of supply, flexibility and interoperability of the interconnected gas networks in the region.

    Sector(s)

    • Energy - Electricity, gas, steam and air conditioning supply

    Proposed EIB finance (Approximate amount)

    EUR 70 million

    Total cost (Approximate amount)

    EUR 144 million

    Environmental aspects

    The promoter has carried out an Environmental Impact Assessment (EIA) for the Slovak section of the Poland-Slovakia gas interconnector and the environmental permit has been issued by the competent authority. The permitting will be further investigated during appraisal to ensure compliance with the Bank's Environmental and Social Standards.

    Procurement

    The investments under the project are subject to the national and EU procurement provisions defined for entities operating in the water, energy, transport and postal services sectors.

    Status

    Signed - 27/12/2017

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Slovakia Energy