A Greek Construction joint venture Company was dedicated for all facilities construction. ASPROFOS SA designed and supervised the whole project.
The 10-inch pipeline, connects the Hellenic Petroleum refinery with the Athens International Airport storage and distribution facilities, crossing a 53-kilometres distance, mainly via Attiki Odos highway. Construnction ended in 2003. Company’s commercial start was in February 2004.
Total construction cost : 23 million Euro
(25% shareholders’ equity capital,40% bank loan and 35% financed through the Third Community Support Framework)
The Jet Fuel Pipeline :
“Athens Airport Jet Fuel Pipeline Company S.A.” will be the pipeline operator for a concession period extending up to 2026, by which time the fuel pipeline company will be handed over to the Greek State.