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    Référence: 20080332
    Date de publication: 15 septembre 2009

    Promoteur – Intermédiaire Financier

    CEPSA - Compañia Española de Petroleos, S.A

    Lieu

    Description

    The project consists of three major schemes, concerning the construction and operation of 1) a mild hydrocracker (25000 b/d capacity) and ancillary units at the Algeciras refinery (San Roque); 2) a Combined Heat and Power (CHP) plant at the same refinery (capacity: 40 MWe, 80 MWth), and 3) a Combined Cycle Gas Turbine (CCGT) CHP plant at La Rabida refinery (Huelva; capacity: 80 MWe, 140 MWth).

    Objectifs

    The project will increase the production of cleaner transport fuels at the expense of more polluting heavy oil products, in line with European policy and directives to improve fuel specifications. It will also enhance reliability of electricity and steam supply to the existing refineries and neighbouring petrochemical complex, using a technology with the highest energy-conversion efficiency currently available for thermal power plants and replacing low efficiency conventional boilers presently in use.

    Secteur(s)

    Montant BEI envisagé (montant approximatif)

    Up to EUR 150 million.

    Coût total (montant approximatif)

    Approximately up to EUR 315 million.

    Aspects environnementaux

    All three project schemes fall under Annex II of the EIA directive 85/337/EEC and its amendments. EIAs have been conducted by the promoter for the refining upgrade in Algeciras and the CHP plant in La Rabida. Both EIAs have been approved by the environmental authorities. The cogeneration project in the Algeciras refinery has been exempted from EIA procedures since it is considered a non-substantial modification.

    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. During the appraisal, the Bank will verify the promoter’s procurement procedures to ensure that the project benefits from market-based competition between potential subcontractors.

    Statut

    Signé - 15/06/2010

    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).

    Mots-clés correspondants

    Espagne Énergie Industrie