Date de publication: 6 février 2009
Promoteur – Intermédiaire Financier
Repsol YPF
Lieu
Description
Construction and operation of a delayed coker unit with a capacity of 2 Mt/a in the existing Petronor refinery at Bilbao. The project will convert low-value heavy fuel oils into higher value and low sulphur containing petrochemical feedstocks and diesel.
Objectifs
The increased production of cleaner transport fuels at the expense of more polluting heavy oil products is in line with European policy and directives to improve fuel specifications, and leading to reduced tailpipe emissions and improved fuel economy of vehicles.
Secteur(s)
Montant BEI envisagé (montant approximatif)
Up to 50% of project cost.
Coût total (montant approximatif)
Approximately EUR 780 million.
Aspects environnementaux
The project concerns the upgrading of an existing refinery to improve competitiveness by converting heavy oil products to high quality fuels and petrochemical feedstock. It falls under Annex II of the EIA directive 85/337/EC and its amendments. Due to its technical characteristics and potential impacts on the environment, an EIA was conducted by the promoter and approved by the environmental authorities in the second half of 2008.
Passation des marchés
The project is a private sector operation. Procurement follows the promoter’s corporate in-house purchasing procedures to ensure an appropriate level of competition among qualified contractors.
Statut
Signé - 23/07/2009
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).