Summary sheet
The project consists of the acquisition of an existing LNG carrier and its conversion into a Floating Storage and Re-gasification Unit (FSRU) with a storage capacity of 137,000 m3 and an annual throughput capacity of 3.75 Gm3/year.
The project will increase EU and Italy gas import capacity and contribute to meeting the gap resulting from growing demand and declining indigenous gas production in Italy. It will also enhance the security of supply by allowing imports diversification from a growing number of LNG producing countries and enhance competition in the Italian gas market.
The promoter has carried out an EIA in line with the requirements of EU directive (85/337/EC) and obtained the relevant environmental permit. The EIA and public consultation process will be reviewed during appraisal.
The promoter utilises procurement procedures, which are usual in the industry and are satisfactory to EIB. EU procurement Directives are not applicable.
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).
News & Stories
General enquiries and comments
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.
Media enquiries
Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.
Complaints mechanism
Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.
Zero tolerance against fraud and corruption
The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.
Related publications