Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

Signature(s)

Amount
€ 125,000,000
Countries
Sector(s)
Austria : € 125,000,000
Energy : € 125,000,000
Signature date(s)
21/06/2010 : € 125,000,000
Link to source
Other links

Summary sheet

Release date
8 July 2009
Status
Reference
Signed | 21/06/2010
20080773
Project name
Promoter - financial intermediary
Natural Gas Pipelines in Lower Austria
EVN AG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 125 million.
EUR 250 million.
Location
Sector(s)
Description
Objectives

The project concerns the construction and operation of two high pressure natural gas pipeline sections of 120 km and 147 km respectively in the Federal State of Lower Austria.

Replacement and extension of gas transmission pipelines is necessary to maintain and improve the standards of service and safety in the network and to provide for growth in demand.

Environmental aspects
Procurement

According to national legislation, the project falls under Annex II requiring the promoter to apply for environmental determination, allowing the competent authority to decide whether an EIA is required. The project consists of 2 separate sections of 120 km (Südschiene) and 147 km (Westschiene) respectively. For the first section, the promoter has submitted an environmental study to the Austrian authorities who have declared that no EIA is required. For the second section, the procedure for environmental determination still has to be completed. The Bank will review environmental issues in line with its guidelines during appraisal.

As a majority state owned utility company, the promoter has confirmed that it will tender works, supplies and services contracts following procurement rules of relevant national and EU legislation, as defined by procurement Directive 2004/17/EC, including the publication in Official Journal of EC where appropriate. Detailed procedures applied by the promoter will be reviewed during the appraisal.

Link to source
Other links

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).

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