UNGHENI-CHISINAU GAS PIPELINE (EIB-20130294)

Countries
  • Moldova
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 19, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 42.65 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 41 million
Converted using 2016-12-19 exchange rate.
Loan Amount (USD)
$ 42.65 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported 41 million
Converted using 2016-12-19 exchange rate.
Project Cost (USD)
$ 95.71 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 92 million
Converted using 2016-12-19 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Feb 24, 2018

Disclosed by Bank Oct 13, 2016


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Project Description

According to EIB website, the project is a 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. It will enable Moldova to improve integration capacity of its gas network with Romanian and European gas networks.

Subject to the conditions presented in the Environmental and Social Data Sheet (ESDS), the project is considered acceptable for EIB financing from an environmental and social point of view.

Investment Description
  • European Investment Bank (EIB)
Contact Information

No contact information provided at the time of disclosure. 

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