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    Reference: 20180177
    Release date: 8 May 2018

    Promoter – Financial Intermediary

    SOCIETA GASDOTTI ITALIA SPA

    Location

    Description

    The project consists of the financing of the promoter's investments over the 2018-2022 period to extend the network of gas transmission pipelines in Central and Southern Italy.

    Objectives

    This project aims at: (i) improving the integration with the national gas transport network of the gas storage and production sites in the area; (ii) allowing reverse flows to Northern regions and to the national gas transport network; (iii) increasing flexibility and security of gas supply in Central Italy. The infrastructure also allows for improved safety, reliability, flexibility and operational management of the promoter's gas transport network.

    Sector(s)

    • Energy - Transportation and storage

    Proposed EIB finance (Approximate amount)

    EUR 90 million

    Total cost (Approximate amount)

    EUR 200 million

    Environmental aspects

    The project components fall under Annex II of the Environmental Impact Assessment (EIA) Directive (2011/92/EU), requiring regional competent authorities to determine the need for an EIA. An EIA was conducted for the Larino-Chieti pipeline and the environmental permit has been issued by the competent authorities. An EIA screening was also conducted for the San Marco-Recanati pipeline that concluded that no EIA was required for this specific component.

    Procurement

    The investment is subject to the public procurement provisions defined in Directives 2014/24/EU and 2014/25/EU for entities operating in the water, energy, transport and postal services sectors.

    Status

    Signed - 30/10/2018

    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

    Italy Energy