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Signature(s)

Amount
€ 85,000,000
Countries
Sector(s)
Belgium : € 85,000,000
Energy : € 85,000,000
Signature date(s)
1/08/2007 : € 85,000,000
Link to source

Summary sheet

Release date
22 November 2006
Status
Reference
Signed | 01/08/2007
20060007
Project name
Promoter - financial intermediary
FLUXYS LNG Terminal TEN

FLUXYS SA
Avenue des Arts 31
B-1040 Brussels

Mr. R. Sterckx, Financial Manager

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 85 million.
EUR 176 million.
Location
Sector(s)
Description
Objectives

Design, construction, commissioning and operation of new storage and re-gasification facilities at the Zeebrugge LNG import terminal.

The project will increase the EU gas import capacity by 4.5 Bcm3/year and diversify the sources of gas supply to Belgium and the EU.

Environmental aspects
Procurement

The project is classified under Annex I of the Environmental Impact Assessment directive (85/337/EEC and its amendments) and the Seveso II directive (96/082/EC) on the prevention of major accidents for projects involving dangerous substances. The promoter has carried out an EIA and received an environmental permit in July 2004.

The project is implemented under a fixed lump sum EPC contract that was awarded after restricted international tendering of pre-qualified companies. A pre-qualification notice was published in the OJEU in May 2003 in line with the requirements of EU directive 93/38/EC.

Comments

Terminal construction activities.

Link to source

Disclaimer

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

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