NG Gas Distribution Phase I (2008-11)
- Reference: 20080413
- Release date: 20 October 2008
LONDON WC2N 5EH
David R. Morgan – Treasury Manager
Rehabilitation & improvement of National Grid's gas distribution network covering four gas distribution networks (“GDNs”) in the UK, located in Central & South East England, Phase I (2008-11) of the 5 year regulatory investment programme 2008-13.
The Project contributes to the UK’s energy policy, committed to delivering the Government’s goals of safe, secure and sustainable energy supplies and ultimately a low-carbon economy, through competitive and independently regulated energy markets.
GBP 350 million.
GBP 1 800 million.
Based on current information, the investment programme falls under Annex II of the Environmental Impact Assessment (EIA) Directive (85/337/EEC as amended by 97/11/EC), leaving it to the competent authority to decide on the need for an EIA. In line with the Bank's guidelines, the Promoter's capacity and procedures to ensure compliance with environmental and biodiversity regulations will be assessed during appraisal. The vast majority of the programme will consist of the renewal of low pressure underground pipes in urban areas not requiring an EIA, contributing to improved safety and the reduction of losses. Any environmental impact is expected to be minimal and limited to the construction period.
The Promoter is required to 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 appraisal.
Signed - 30/06/2009.
- 28-11-2008 - Non Technical Summary (NTS) of the Environmental Impact Assessment (EIA) EN
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).