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    Signature(s)

    Amount
    € 41,000,000
    Countries
    Sector(s)
    Moldova : € 41,000,000
    Energy : € 41,000,000
    Signature date(s)
    19/12/2016 : € 3,000,000
    19/12/2016 : € 38,000,000
    Link to source

    Summary sheet

    Release date
    13 October 2016
    Status
    Reference
    Signed | 19/12/2016
    20130294
    Project name
    Promoter - financial intermediary
    UNGHENI-CHISINAU GAS PIPELINE
    PUBLIC ENTITY(IES)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 41 million
    EUR 92 million
    Location
    Sector(s)
    Description
    Objectives

    Construction of a natural gas pipeline with a length of 120km connecting the existing Moldova-Romania gas interconnection from Ungheni at the Modova-Romania border to Chisinau, the capital city of the Republic of Moldova

    The project will enable the country to diversify its sources of supply. The project follows the principles of Directive 2004/67/EC and Regulation (EU) No 994 concerning measures to safeguard security of gas supply, the provisions of which shall be implemented by the country in the context of its adhesion to the Energy Community. Energy security is a priority of the government of the Republic of Moldova in its energy strategy until 2030. The project will enable Moldova to improve integration capacity of its gas network with Romanian and European gas networks.

    Environmental aspects
    Procurement

    The environmental and social impact analysis (ESIA) was performed by an international consultant. Public consultations were carried out and the environmental permit for the project has been granted by the relevant authorities. Pipeline routes are determined in a way to avoid environmentally sensitive areas and to follow existing rights of way to the extent possible. The impact that can typically be expected is mainly temporary and relates to construction works. This impact can usually be well managed by appropriate measures taken by the construction company. During appraisal the Bank will review the environmental and social (E&S) process and documentation to ensure alignment with the Bank's requirements.

    The Bank will require the promoter to ensure that public procurement rules are applied during implementation of the project in accordance with the Bank's Guide to Procurement.

    Comments

    This operation is covered by the EU Guarantee for EIB loans outside the EU.

    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).

    Documents

    Environmental and Social Impact Assessment (ESIA) - UNGHENI-CHISINAU GAS PIPELINE
    Publication Date
    14 Nov 2016
    Document language
    Main Topic
    Lending
    Document Number
    71690526
    Document Focus
    Environmental Information
    Project Number
    20130294
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - UNGHENI-CHISINAU GAS PIPELINE
    Publication Date
    23 Dec 2016
    Document language
    Main Topic
    Lending
    Document Number
    68170207
    Document Focus
    Environmental Information
    Project Number
    20130294
    Sector(s)
    Countries
    Publicly available
    Download now

    News & Stories

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    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.
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