Release date: 22 November 2006
Promoter – Financial Intermediary
FLUXYS SA
Avenue des Arts 31
B-1040 Brussels
Mr. R. Sterckx, Financial Manager
Location
Description
Design, construction, commissioning and operation of new storage and re-gasification facilities at the Zeebrugge LNG import terminal.
Objectives
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.
Comments
Terminal construction activities.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 85 million.
Total cost (Approximate amount)
EUR 176 million.
Environmental aspects
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.
Procurement
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.
Status
Signed - 1/08/2007
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).