BSP – Bratislava to Schwechat Oil Pipeline – Slovakia - Project Profile

BSP – Bratislava to Schwechat Oil Pipeline – Slovakia - Project Profile

Synopsis

"BSP – Bratislava to Schwechat Oil Pipeline – Slovakia - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

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Summary

Bratislava to Schwechat Pipeline GmbH (BSP), a joint venture between Slovak pipeline operator, Transpetrol and Austrian partner and OMV AG, is planning to undertake the development of Bratislava to Schwechat Oil Pipeline project in Bratislava, Slovakia, and Schwechat in Austria.

The length of new pipeline would be 62km, of which Slovakia has about 12km section and it will depend on upon the route of the pipeline.

The pipeline connection between Bratislava and Schwechat has not set out a specific route.

The project involves the construction of a crude oil pipeline between Bratislava and Schwechat with an annual capacity of 2.5 million and 5 million tonnes of oil per year. It includes the construction of metering stations, compressor stations, storage tanks, terminal facilities and related facilities, and the installation of valves and control stations.

The project will be financed using its own resources and credit is guaranteed by the financial strength and stability of shareholders BSP, Transpetrol, and OMV. The study was conducted by European Commission's Directorate-General for Energy (DG Energy).

The memorandum of cooperation was signed between the Slovak Republic and Austria for the energy sector in 2012.

In December 2013, The Slovak Economy Ministry postponed the discussions to one year on the routing and construction of the Bratislava-Schwechat pipeline interconnecting the Druzhba pipeline with Austrian pipeline.

The project is delayed due to environmental policy concerns and track management in Slovakia.

Planning activities on the project are underway.

Scope

The project involves the construction of a crude oil pipeline between Bratislava and Schwechat with an annual capacity of 2.5 million and 5 million tonnes of oil per year between Slovakia and Austria.

The US$159 million project includes the following:

1. Construction of a 62km crude oil pipeline

2. Construction of metering stations

3. Construction of compressor stations

4. Construction of storage tanks

5. Construction of a terminal facility

6. Construction of checkpoints

7. Construction of infrastructural facilities

8. Installation of control stations

9. Installation of valves

Reasons To Buy

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