Azerbaijan , Baku, July 21 / Trend /
Italian engineering company D'Appolonia S.p.A. (D'Appolonia) has been appointed as new ESIA (Environmental and Social Impact Assessment) Advisor for the Nabucco Pipeline Project, Nabucco Gas Pipeline International reported.
With more than 50 years of experience in environmental and social issues, the Italian company is a leading specialist in this field and will support Nabucco in the efficient completion of the project-wide ESIA.
The main purpose of D´Appolonia's appointment is to ensure the successful completion of an integrated project ESIA, fulfilling the requirements of the International Finance Institutions (IFIs) and complying with national and European legislation.
D'Appolonia will be responsible for ensuring consistency between the national or "in-country" Environmental Impact Assessments and the project-wide Environmental and Social Impact Assessment, as well as for the harmonisation of both NIC's and the IFIs' (EIB, EBRD and IFC) standards and requirements, as confirmed in the Project Support Agreements (PSAs) in June.
More specifically, D'Appolonia will produce all the necessary documentation for the project-wide ESIA.
Nabucco project envisages gas supplies from the Caspian region and the Middle East to the EU countries. The pipeline's maximum capacity will hit 31 billion cubic meters per year. Participants of the project are Austrian OMV, Hungarian MOL, Bulgarian Bulgargaz, Romanian Transgaz, Turkish Botas and German RWE companies. Each of participants has equal share to the amount of 16.67 percent.
The project is worth 7.9 billion euro, with its construction planned to start in 2013 and the first supplies to be commissioned in 2017.