Monaco Gas Pipeline

From Global Energy Monitor

Monaco Gas Pipeline, also known as the MONACO natural gas pipeline and Monaco 1 Bavarian Gas Pipeline, is an operational natural gas pipeline in Germany.[1]

Location

The Monaco pipeline runs from Finsing to Burghausen, passing through the districts of Altötting, Mühldorf am Inn and Erding,[2] in Germany.[1]

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Project Details

  • Operator: BAYERNETS GMBH[1]
  • Current capacity:
  • Length: 87 km / 54 miles[1]
  • Cost: €240 million (US$294 million) approximately[3]
  • Financing: €30 million loan from the European Investment Bank;[3] €177.8 million in loans from Bayern LB, Commerzbank, Landesbank Baden-Wurttemberg and Skandinaviska Enskilda Banken[2]
  • Status: Operating[4]
  • Start Year: 2019[4]


Background

According to Bayernets, the Monaco pipeline contributes to maintaining the security of gas supply for Bavaria and Germany.

The project was officially inaugurated on April 5, 2019.[4]

Articles and resources

References

  1. 1.0 1.1 1.2 1.3 Erdgasfernleitung MONACO. "Erdgasfernleitung MONACO - Von Burghausen nach Finsing". monaco.bayernets.de. Retrieved September 17, 2020.
  2. 2.0 2.1 "Monaco 1 Bavarian Gas Pipeline | Project | IJGlobal". ijglobal.com. Retrieved 2020-09-17.
  3. 3.0 3.1 MONACO I BAVARIAN GAS PIPELINE, European Investment Bank, Jun. 1, 2015
  4. 4.0 4.1 4.2 "Monaco pipeline officially inaugurated". Retrieved 2020-09-17.

Related GEM.wiki articles

External resources

External articles