Geographic location where the impacts of the investment may be experienced.
Financial Institutions
- European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.
TRANSLATED VERSION OF THIS PSD:UKRAINIAN
Ukrainian
PROJECT DESCRIPTION
The project consists of the replacement of four sections of the Urengoy-Pomary-Uzhgorod gas pipeline, which are in need of repair as well as the modernisation of the Romny gas compression station. The Urengoy-Pomary-Uzhgorod is a key part of the Ukrainian gas transit system ensuring deliveries of gas from Russia to Europe and reverse imports of gas by Ukraine from the European Union countries. This is part of an emergency upgrade and modernisation project under which Ukraine has initiated repair of three sections of pipeline and needs support from EBRD and EIB to finance the remaining sections and compressors.
TRANSITION IMPACT
The transition impact potential of the Project stems primarily from:(i) assisting in the institutional reform process for the Ukrainian gas sector;(ii) improving corporate governance, environmental, social and health & safety practices at Ukrtransgaz.(iii) improving the performance of operation of the Romny compressor station and the pipelines that will be modernised, including energy efficiency and reduction of related carbon emissions.
THE CLIENT
The project will be implemented by Public Joint Stock Company Ukrtransgaz ("Ukrtransgaz"), the gas transmission operator in Ukraine. Ukrtransgaz is 100 per cent owned by PJSC National Joint Stock Company Naftogaz of Ukraine, a State oil and gas holding company under the control of the Ministry of Energy and Coal of Ukraine.
EBRD FINANCE
A sovereign loan of up to EUR 150 million to Ukraine with proceeds to be on-lent to Ukrtransgaz as the implementation agency for the Project. Parallel co-financing by the European Investment Bank is envisaged.
PROJECT COST
The IFI financed part is up to EUR 300 million out of a total project cost of up to EUR 466.3 million
ENVIRONMENTAL IMPACT
Categorised B. The scope will include the repair of existing pipes, including the replacement of severely corroded original welded joints and cathodic protection stations, for those individual sections of the pipeline where critical faults were identified by a technical study. The Bank will finance four non-continuous sections, and the cumulative length of individual sections to be repaired is 119 km. The individual pipe sections are located at the extreme western and eastern regional sections of the UPU pipeline and inlcude Romny-Grebinky section (26.7 km); Grebinky-Soviivka section (31.5 km); Bar-Gusiatyn section (33.7 km) and Gusiatyn-Bogorodchany section (27.1 km). In addition, the Project will finance a modernisation/replacement of two compressor units at the Romny Compressor station to increase energy efficiency and reduce emissions of nitrogen oxides and carbon dioxide. The impacts of these activities were identified by the independent environmental and social analysis, which was part of the due diligence completed before Board approval (including a site visit to Project locations). The ESDD included a review of National EIA reports and other documents containing information on social issues, health and safety, community safety, land acquisition, etc., and other issues (e.g., the Environmental Policy of Ukrtransgaz, materials for preparing the land allotment project; samples of land-lease agreements; a methodology for assessing damages; an agreement on the establishment of the land use and a report of average selling price and crops yield; land transfer acts; socio-economic data for village councils located along the route of the Project, etc.). The ultimate aim of the Project is to improve the safety of the operations and thus reduce potential adverse impacts to the communities and employees and to ensure an uninterrupted supply of gas through the repair of the pipeline. All land take will occur within the existing Right-of-Way, except for an 800m marsh crossing which is required by the technical requirements for the operation of main pipelines, whereas a reserve pipe should be in place to allow diverting gas flow in case of maintenance, repairs or accidents, in order to maintain a steady supply of gas and avoid the release of methane into the atmosphere. The marshland crossing was chosen after the review of alternative locations to minimise the land take and also to ensure the reserve pipe is located within the technologically required parameters. The national EIA identified that the proposed crossing will not result in significant environmental or social impacts due to the existing footprint, and any impacts will be localised and short-term and mitigated by a horizontal directional drilling method for laying pipes. An additional pre-construction survey will be conducted to supplement the EIA findings. This survey is included in the Environmental and Social Action Plan and is required as a legal condition that must be met prior to disbursement.
TECHNICAL COOPERATION
The Gas Transportation System and Storage Reconstruction Pre-Feasibility Study (EUR 2.6 million) has been completed and funded by the EU NIF. Further assistance is being discussed to assist Ukrtransgaz on different aspects of project implementation, including procurement, corporate governance, environmental and energy efficiency matters.
Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at
pcm@ebrd.com or you can submit a complaint online using an online form,
http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at
http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.