SECURITY OF SUPPLY

Promoteur – Intermédiaire Financier

The Promoter is a major integrated energy company. Some project components will be carried out by the Promoter under a Joint Venture (JV) with another company, which is also requesting from EIB funding for certain components.

Lieu

• Italie

Description

Development of gas production in Italy for the security of energy supply.

Objectifs

The project will contribute to the development of indigenous resources to supply Italy's energy requirements that would otherwise be met by imports. Increased gas production in Italy will reduce dependence on imports, thereby contributing to improved security of energy supply. The scale of the project is significant and would be expected to contribute positively to economic activity in the zones of implementation.

Secteur(s)

• Énergie - Industries extractives

Montant BEI envisagé (montant approximatif)

EUR 1080 million

Coût total (montant approximatif)

EUR 1600 million

Aspects environnementaux

All new project components fall under Annex 1 of Directive 2011/92/EU and will require a full EIA. Other project components, including side-tracking and workover of existing wells, fall under Annex 2 and have been screened out from requiring full EIAs by the competent authorities.

Passation des marchés

The Bank will require the Promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/17/EC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where required.

Statut

Signé - 20/12/2013