98/99.05 - Assistance in the framework of the EU-Russia Energy Dialogue for the Assessment and Financing promotion of new pipeline projects of common interest from Eastern NIS to European Union

This project was financed by INOGATE funds in order to support the development of the complementary energy co-operation programme, the EU-Russia Energy Dialogue.

The project's specific objectives were as follows:

• Pre-assess the economical, technical and environmental viability of the proposed project of common interest;
• Design of a financing scheme for one or more selected project(s);
• Design of an investment guarantee mechanism for non commercial risks;
• Propose appropriate legislative measures to be implemented in the Russian Federation and transit countries.

One of the main results of the project was the developed proposal for the "Investment guarantee mechanism for non-commercial risks".