EIB STEPS UP IN MAJOR ITALY GAS LINE EXPANSION PROJECT
May 1st, 2018
THE EUROPEAN Investment Bank (EIB) is planning to lend Societa Gasdotti Italia EUR100 million to help it extend central and southern Italy gas transmission pipelines. This money would fund half the planned cost of a EUR200 million 2018-2022 programme. It would improve the integration of gas storage and production sites in central and southern Italy with the country’s national gas transport network. It would also allow reverse flows of gas to northern Italy and to the national gas transport network in general. An EIB note said the project would especially ...
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