natgillin/translations-raw huggingface dataset:
One of the comments from third parties received in reply to the opening decision indicated that the increase in the production of heavy naphtha is crucial for the realisation of an investment by the group La Seda in Sines.
V eni od pripomb tretjih strani, prejetih kot odgovor na sklep o začetku postopka, je bilo navedeno, da je povečanje proizvodnje težke nafte ključnega pomena za realizacijo naložbe skupine La Seda v Sinesu.
The Commission has verified whether the investment by La Seda could constitute a SIP together with the investment in Matosinhos.
Komisija je preverila, ali bi lahko naložba skupine La Seda skupaj z naložbo v Matosinhosu pomenila enoten naložbeni projekt.
Portugal has confirmed that the increase of the production of heavy naphtha will be exclusively used by Petrogal internally and that heavy naphtha will not be sold to third parties.
Portugalska je potrdila, da bo povečanje proizvodnje težke nafte namenjeno izključno interni uporabi Petrogala in da težka nafta ne bo prodana tretjim stranem.
Therefore, the Commission concludes that the investment project does not constitute a SIP with La Seda’s investment project.
Zato Komisija ugotavlja, da naložbeni projekt z naložbenim projektom skupine La Seda ne pomeni enotnega naložbenega projekta.
Paragraph 60 of the RAG targets investment projects that are artificially divided into subprojects to avoid the scaling down mechanism that reduces the maximum aid intensity that can be applied to investment projects above EUR 50 million. In this particular case, the Commission has verified that the aid intensity applied (12,43 % NPV) is below the maximum aid intensity that should have been applied in case the investment project is considered as a SIP (14,28 % NPV) and therefore, lower than the maximum aid intensity of which the two projects, separately, could have benefited.
Odstavek 60 Smernic se nanaša na naložbene projekte, ki so umetno razdeljeni na podprojekte, s čimer se je mogoče izogniti mehanizmu zmanjševanja, ki zmanjšuje največjo intenzivnost pomoči, ki se lahko uporablja za naložbene projekte nad 50 milijoni EUR. Komisija je v obravnavanem primeru potrdila, da je uporabljena intenzivnost pomoči (12,43 % neto sedanje vrednosti) manjša od največje intenzivnosti pomoči, ki bi se morala uporabiti, če bi se naložbeni projekt obravnaval kot enoten naložbeni projekt (14,28 % neto sedanje vrednosti), in je zato manjša od največje intenzivnosti pomoči, od katere bi lahko projekta, obravnavana ločeno, imela korist.
Therefore, the maximum aid intensity, even in the case of a SIP, has been respected, and the Commission concludes that it is not necessary to decide whether the two projects in Sines and Matosinhos constitute a SIP or not despite their geographic distance, since the issue does not prejudice the compatibility assessment of the aid under the RAG.
Zato se je upoštevala največja intenzivnost pomoči tudi v primeru enotnega naložbenega projekta, Komisija pa ugotavlja, da ni treba sprejeti odločitve o tem, ali obravnavana projekta v Sinesu in Matosinhosu pomenita enoten naložbeni projekt kljub njuni geografski oddaljenosti, saj vprašanje ne vpliva na oceno združljivosti pomoči v okviru Smernic.
The calculation of the aid intensity under paragraph 67 of the RAG depends on whether the investment project is considered a SIP or rather two separate investment projects.
Izračun intenzivnosti pomoči iz odstavka 67 Smernic je odvisen od tega, ali se naložbeni projekt obravnava kot enoten naložbeni projekt ali kot dva ločena naložbena projekta.
In the latter case, if the investments in the two locations are taken separately, then the calculation of the aid intensity would take into account the two different standard regional aid ceilings applicable for Sines (40 %) and for Matosinhos (30 %).
Če bi se v slednjem primeru naložbi na dveh lokacijah obravnavali ločeno, bi se pri izračunu intenzivnosti pomoči upoštevali dve različni zgornji meji regionalne pomoči, ki se uporabljata za Sines (40 %) in za Matosinhos (30 %).
As notified by Portugal, the total planned eligible costs for the investment project amount to EUR 1058934146 (EUR [ ] for the investment in Sines and EUR [ ] for Matosinhos) in nominal value.
Glede na priglasitev Portugalske skupni načrtovani upravičeni stroški za naložbeni projekt v nominalni vrednosti znašajo 1058934146 EUR ([ ] EUR za naložbo v Sinesu in [ ] EUR za naložbo v Matosinhosu).
The net present value of the investment in Sines amounts to EUR [ ] for a planned aid amount of EUR [ ] in net present value, corresponding to an aid intensity for this refinery of 13,12 % gross grant equivalent (GGE), which is below the adjusted maximum aid intensity of 15,94 %.
Neto sedanja vrednost naložbe v Sinesu znaša [ ] EUR za načrtovani znesek pomoči v višini [ ] EUR v neto sedanji vrednosti, kar pomeni, da intenzivnost pomoči za navedeno rafinerijo znaša 13,12 % bruto ekvivalenta dotacije (BED), kar je manj od prilagojene največje 15,94-odstotne intenzivnosti pomoči.
The net present value of the investment in Matosinhos amounts to EUR [ ] for a planned aid amount of EUR [ ] in net present value, corresponding to an aid intensity for this refinery of 10,66 %, gross grant equivalent (GGE), which is below the adjusted maximum aid intensity of 14,68 %.
Neto sedanja vrednost naložbe v Matosinhosu znaša [ ] EUR za načrtovani znesek pomoči v višini [ ] EUR v neto sedanji vrednosti, kar pomeni, da intenzivnost pomoči za navedeno rafinerijo znaša 10,66 % bruto ekvivalenta dotacije (BED), kar je manj od prilagojene največje 14,68-odstotne intenzivnosti pomoči.
In the opening decision, the Commission checked the aid intensity in the two regions, which is different, being 40 % in Sines and 30 % in Matosinhos, and recalculated the maximum aid intensity by weighing the aid intensities taking proportionally into account the investment (in net present value) in the corresponding region over the total investment.
Komisija je v sklepu o začetku postopka preverila intenzivnost pomoči v obeh regijah, ki se razlikuje, in sicer je v Sinesu 40-odstotna in v Matosinhosu 30-odstotna, ter ponovno izračunala največjo intenzivnost pomoči tako, da je intenzivnosti pomoči, ki sorazmerno upoštevajo naložbo (v neto sedanji vrednosti) v ustrezni regiji, upoštevala pred skupno naložbo.
The result would be an aid intensity of 37,18 %, corresponding to an adjusted maximum aid intensity of 14,21 %.
Rezultat bi bila 37,18-odstotna intenzivnost pomoči, kar bi ustrezalo prilagojeni največji intenzivnosti pomoči v višini 14,21 %.
Even if the investment project had been considered a SIP, the net present value of the total investment costs would amount to EUR 974064894. The total planned aid would amount to EUR 121091314 in net present value, corresponding to an aid intensity of 12,43 % GGE, which is below the previously calculated adjusted maximum aid intensity of 14,21 %.
Tudi če bi se naložbeni projekt obravnaval kot enoten naložbeni projekt, bi neto sedanja vrednost skupnih naložbenih stroškov znašala 974064894 EUR. Skupna načrtovana pomoč bi v neto sedanji vrednosti znašala 121091314 EUR, kar pomeni, da bi intenzivnost pomoči znašala 12,43 % BED, kar bi bilo manj od predhodno izračunane prilagojene največje intenzivnosti pomoči v višini 14,21 %.
Therefore, as the aid intensity in GGE would result below the adjusted maximum aid intensity considering the scaling down rules, the Commission considers that the proposed aid intensity for the investment project complies with paragraph 67 of the RAG.
Ker bi bila intenzivnost pomoči v BED ob upoštevanju predpisov o zmanjšanju manjša od prilagojene največje intenzivnosti, Komisija meni, da je predlagana intenzivnost pomoči za naložbeni projekt skladna z odstavkom 67 Smernic.
Portugal has given assurances that the maximum aid amount and the maximum aid intensity as laid down in this Decision will not be exceeded, even in the case of lower or increased eligible expenditure.
Portugalska je zagotovila, da najvišji znesek pomoči in največja intenzivnost pomoči, kot sta določena v tem sklepu, ne bosta presežena niti v primeru, da se upravičeni izdatki povečajo ali zmanjšajo.
Assessment under the rules laid down in paragraph 68(a) and (b) of the RAG
Ocena v skladu s pravili iz odstavka 68(a) in (b) Smernic
In the opening decision, the Commission raised doubts regarding certain issues relating to the aid assessment in accordance with the rules laid down in paragraph 68(a) and (b) of the RAG.
Komisija je v sklepu o začetku postopka izrazila pomisleke v zvezi z nekaterimi vprašanji glede ocene pomoči v skladu s pravili iz odstavka 68(a) in (b) Smernic.
These issues were as follows:
Ta vprašanja so bila:
whether the products concerned by the investment project were exclusively diesel and heavy naphtha, as claimed by Portugal, or also include other refinery-related products, given the potential substitutability of refinery products from the supply side and the fact that heavy naphtha may be considered an intermediate product within the meaning of paragraph 69 of the RAG;
ali sta bila zadevna proizvoda iz naložbenega projekta izključno dizelsko gorivo in težka nafta, kot je trdila Portugalska, ali so bili vključeni tudi drugi proizvodi, povezani z rafiniranjem, glede na morebitno nadomestljivost proizvodov iz postopka rafinerije z vidika zalog in dejstvo, da se lahko težka nafta šteje za polizdelek v smislu odstavka 69 Smernic,
whether the relevant product market is at ex-refinery level for both diesel and heavy naphtha, as claimed by Portugal;
ali je upoštevni proizvodni trg na ravni prejšnje rafinerije tako za dizelsko gorivo kot za težko nafto, kot je trdila Portugalska,
whether the relevant geographic market for the products concerned must be defined at national, regional (Iberian Peninsula) or EEA level;
ali mora biti upoštevni geografski trg za zadevne proizvode opredeljen na nacionalni ravni, regionalni ravni (Iberski polotok) ali ravni EGP,
whether the beneficiary, Petrogal, and the Galp Energia and ENI groups to which Petrogal belongs, have a market share above 25 % of any of the relevant markets (paragraph 68(a) of the RAG);
ali je tržni delež upravičenca, Petrogala ter skupin Galp Energia in ENI, katerima pripada Petrogal, na katerem koli upoštevnem trgu več kot 25-odstoten (odstavek 68(a) Smernic),
for all the products concerned, whether the production capacity created by the investment project is more than 5 % of any relevant market measured using apparent consumption data and, if so, whether the average annual growth rate of the product concerned apparent consumption over the last five years is below the average annual growth rate of the EEA’s GDP.
ali je za vse zadevne proizvode proizvodna zmogljivost, ki jo je ustvaril naložbeni projekt, večja od 5 % katerega koli upoštevnega trga, izmerjenega s podatki o očitni porabi, ter ali je v tem primeru povprečna letna stopnja rasti očitne porabe zadevnega proizvoda v zadnjih petih letih pod povprečno letno stopnjo rasti BDP v EGP.
In recitals 278 to 311, the Commission reassesses whether the thresholds of the paragraph 68(a) and (b) tests are exceeded in order to decide whether an in-depth assessment of the investment project is necessary.
Komisija je v uvodnih izjavah 278 do 311 ponovno ocenila, ali so pragi testov iz odstavka 68(a) in (b) preseženi, in sicer zato, da bi se lahko odločila, ali je potrebna podrobna ocena naložbenega projekta.
First, the products concerned and deemed concerned by the investment project are examined.
Prvič, pregledani so bili zadevni proizvodi in proizvodi, ki se štejejo za zadevne, v okviru naložbenega projekta.
Second, the resulting relevant product markets are identified.
Drugič, opredeljeni so bili iz tega izhajajoči upoštevni proizvodni trgi.
Third, whether the assessment should take place ex-refinery, retail or non-retail market level is analysed.
Tretjič, če se izvede ocena, se analizira tržna raven prejšnje rafinerije, prodaje na drobno ali prodaje na debelo.
In recitals 312 to 344, the product market and the relevant geographic market are established, following which the product market concerned is assessed with regard to Petrogal’s relevant market share.
V uvodnih izjavah 312 do 344 sta vzpostavljena proizvodni trg in upoštevni geografski trg, nato pa je izvedena ocena zadevnega proizvodnega trga glede na Petrogalov zadevni tržni delež.
Finally, the analysis focuses on whether the product-capacity increase exceeds 5 % of the relevant EEA apparent consumption on a market where the growth of the EEA apparent consumption for the products concerned is underperforming.
Analiza je osredotočena na to, ali povečanje proizvodne zmogljivosti presega 5 % očitne porabe na zadevnem trgu EGP, kadar je rast očitne porabe zadevnih proizvodov v EGP prenizka.
Products concerned/deemed concerned by the investment project
Zadevni proizvodi/proizvodi, ki se štejejo za zadevne, v okviru naložbenega projekta
Paragraph 69 of the RAG reads as follows: ‘The product concerned is normally the product covered by the investment project. When the project concerns an intermediate product and a significant part of the output is not sold on the market, the product concerned may be the downstream product ….’ Footnote 64 of that paragraph specifies that ‘Where an investment project involves the production of several different products, each of the products needs to be considered.’
Odstavek 69 Smernic določa: „Zadevni proizvod je ponavadi proizvod, ki zadeva naložbeni projekt. Če projekt zadeva polizdelek in pomemben del proizvodnje ni prodan na trgu, je lahko zadevni proizvod izdelek v nadaljnjem proizvodnem procesu.“ Opomba 64 iz navedenega odstavka določa, da je treba takrat, „kadar naložbeni projekt zajema proizvodnjo več različnih proizvodov, […] upoštevati vsakega od teh proizvodov“.
In the opening decision, the Commission identified diesel and heavy naphtha as products directly concerned by the investment project.
Komisija je v sklepu o začetku postopka dizelsko gorivo in težko nafto opredelila kot proizvoda, ki ju naložbeni projekt neposredno zadeva.
Since apparently the whole heavy naphtha production was used by Petrogal’s naphtha’s derivatives production, naphtha derivatives were also deemed a product concerned.
Ker je Petrogalova proizvodnja naftnih derivatov očitno porabila celotno proizvodnjo težke nafte, so se kot zadevni proizvod šteli tudi naftni derivati.
The Commission also accepted Portugal’s assertion that the other horizontally related products produced by the refineries (gasoline, LPG, fuel oil, jet fuel, and bitumen) were not affected by the investment project.
Komisija je sprejela tudi trditev Portugalske, da naložbeni projekt ni vplival na druge, s temi horizontalno povezane proizvode, proizvedene v rafinerijah (bencin, UNP, kurilno olje, letalsko gorivo in bitumen).
The Commission notes Portugal’s explanation that refineries operate on the basis of a multi-product-production function where the input, crude oil, is transformed into a multitude of intermediate (for instance, heavy naphtha, vacuum gas oil) and final (for instance, gasoline, diesel) products.
Komisija upošteva obrazložitev Portugalske, da rafinerije delujejo na podlagi dejavnosti proizvodnje več proizvodov, kjer se surovina, tj. surova nafta, predela v več polizdelkov (na primer težka nafta, vakuumsko plinsko olje) in končnih proizvodov (na primer bencin, dizelsko gorivo).
Many of the intermediate products are immediately reused within the different steps of the refining process as inputs (‘feedstocks’), whereas others are sold on the market or used as input for the first generation petrochemical industry, for instance, heavy naphtha for the aromatics production.
Veliko polizdelkov se takoj ponovno uporabi v drugih fazah postopka rafiniranja kot surovina („feedstock“), medtem ko se ostali prodajo na trgu ali pa se uporabijo kot surovina za prvo generacijo petrokemične industrije, kot na primer težka nafta v proizvodnji aromatov.
The technical production function depends in particular on the type of crude oil used (not all types of crude oil can be processed in given installations), and the exact technical configuration of the refinery.
Dejavnost tehnične proizvodnje je odvisna zlasti od vrste uporabljene surove nafte (v zadevnih objektih se ne morejo obdelati vse vrste surove nafte) in natančne tehnične konfiguracije rafinerije.
A profit maximising refinery tries to optimise its profits over the whole range of products, the so-called ‘refining margin’, by adjusting the production of the different outputs, taking into account the technical restrictions resulting from the production function (and the type of crude oil used) and the input and output prices.
Rafinerija, katere cilj je v največji možni meri povečati dobiček, skuša optimizirati svoje dobičke v celotni paleti proizvodov, t. i. „rafinerijsko maržo“, in sicer s prilagajanjem proizvodnje različnih surovin, pri čemer se upoštevajo tehnične omejitve, ki so posledica delovanja proizvodnje (in vrste uporabljene surove nafte), ter cene surovin in proizvodnje.
However, the possibilities to adjust the configuration of an existing refinery without additional investments are extremely limited.
Vendar so možnosti za prilagoditev konfiguracije obstoječe rafinerije brez dodatnih naložb izjemno omejene.
The refinery sector has faced structural changes over the last decade.
Sektor rafinerij se v zadnjem desetletju sooča s strukturnimi spremembami.
The lighter types of crude oil have become more and more rare and are increasingly substituted by heavier types of crude oil.
Lažje vrste surove nafte so vedno redkejše in se v vedno večji meri nadomeščajo s težjimi vrstami surove nafte.
At the same time, market demand for diesel (an increasingly common substitute for gasoline as a propellant) has grown quickly.
Hkrati tržno povpraševanje po dizelskem gorivu (kot vedno pogostejšem nadomestku za bencin kot pogonsko gorivo) hitro narašča.
On the contrary the demand for fuel oil, used in electricity generation and maritime transport, is decreasing and expected to decrease further (due to its substitution in these uses through more environmentally-friendly technologies).
Nasprotno pa povpraševanje po kurilnem olju, ki se uporablja za proizvodnjo električne energije in v pomorskem prometu, upada in bo po pričakovanjih upadalo še naprej (ker se v te namene nadomešča z okolju prijaznejšimi tehnologijami).
The EU is a net importer of diesel and an exporter of gasoline (mainly to the US market which is expected to shrink).
EU je neto uvoznica dizelskega goriva in izvoznica bencina (večinoma na trg ZDA, ki naj bi se po pričakovanjih zmanjšal).
As explained by Portugal, and confirmed by the Competitors No 1 and No 2, the economic driver for the investment project is, on the one hand, to allow the refineries to process heavier types of crude oil and, on the other, to change its configuration in a way that allows the refineries to produce more diesel and less fuel oil.
Kot je pojasnila Portugalska in sta potrdila konkurenta št. 1 in št. 2, je gospodarsko gonilo naložbenega projekta po eni strani omogočiti rafinerijama obdelavo težjih vrst surove nafte in po drugi strani spremeniti njuno konfiguracijo na način, ki jima omogoča, da proizvedeta več dizelskega goriva in manj kurilnega olja.
As described in Section 2.2, diesel and heavy naphtha are the products directly concerned by the investment project.
Kot je opisano v oddelku 2.2, sta dizelsko gorivo in težka nafta proizvoda, ki ju naložbeni projekt neposredno zadeva.
Indeed, the investment project will increase the production of diesel (to the detriment of fuel oil) as well as the production of heavy naphtha, which according to Portugal is an inevitable technically caused side-effect.
Naložbeni projekt bo dejansko povečal proizvodnjo dizelskega goriva (na račun kurilnega olja) in tudi proizvodnjo težke nafte, kar je po mnenju Portugalske neizogiben, tehnično povzročen stranski učinek.
The Commission notes Portugal’s assertion that the other horizontally-related products produced by the refineries (gasoline, LPG, fuel oil, jet fuel, and bitumen) are not affected by the investment project.
Komisija upošteva izjavo Portugalske, da naložbeni projekt ne vpliva na proizvode, proizvedene v rafinerijah (bencin, UNP, kurilno olje, letalsko gorivo in bitumen), ki so s temi horizontalno povezani.
However, the Commission ascertained in the formal investigation that the investment in Matosinhos into the new vacuum distillation unit and the new visbreaker will also lead to the production of vacuum gas oil.
Vendar je Komisija med formalnim postopkom preiskave potrdila, da bo naložba v Matosinhosu v novo vakuumsko destilacijsko enoto in novo enoto za viskoredukcijo privedla tudi do proizvodnje vakuumskega plinskega olja.
The increased production of diesel will take place in Sines, where the new hydrocracker unit will use as feedstock the vacuum gas oil produced in the refineries of Matosinhos and Sines.
Povečana proizvodnja dizelskega goriva se bo izvajala v Sinesu, kjer bo novo enoto za hidrokreking poganjalo vakuumsko plinsko olje, proizvedeno v rafinerijah v Matosinhosu in Sinesu.
As a consequence, vacuum gas oil also has to be deemed a product directly concerned by the investment, since the investment project will lead to a significant increase of its production in Matosinhos refinery.
Posledično je treba vakuumsko plinsko olje šteti za proizvod, ki ga naložbeni projekt neposredno zadeva, saj se bo zaradi naložbenega projekta njegova proizvodnja v rafineriji v Matosinhosu znatno povečala.
Portugal submitted that vacuum gas oil will be used exclusively as feedstock for the hydrocracker in Sines.
Portugalska je zatrdila, da se bo vakuumsko plinsko olje uporabljalo izključno za poganjanje hidrokrekerja v Sinesu.
Therefore, it should be considered as an intermediate product for the increased production of diesel and not be assessed separately.
Zato ga je treba obravnavati kot polizdelek za povečano proizvodnjo dizelskega goriva in se ne sme ocenjevati ločeno.
Portugal also stated that the necessary stable and secure supply of feedstock for a hydrocracker of the size of the one in Sines could not be ensured by purchasing the necessary quantities on the market.
Portugalska je tudi trdila, da se potrebna stabilna in zanesljiva dobava vakuumskega plinskega olja za poganjanje hidrokrekerja, ki je enake velikosti kot tisti v Sinesu, ne more zagotoviti z nakupom potrebnih količin na trgu.
This is due to the very limited size and the high volatility in the open vacuum feedstock market, a spot market.
Razlog za to je zelo omejena velikost in precejšnja nestanovitnost odprtega trga za pogon na vakuum, tj. promptnega trga.
As a consequence, no potential third party supply is excluded by the supplies of vacuum gas oil from Matosinhos to Sines.
Posledično dobave vakuumskega plinskega olja iz Matosinhosa v Sines ne izključujejo nobene morebitne dobave tretje strani.
The Commission accepts that vacuum gas oil is considered an intermediate product and that a significant part of the output of vacuum gas oil is not sold on the market (whilst no potential third party supplies are excluded).
Komisija sprejema dejstvo, da se vakuumsko plinsko olje obravnava kot polizdelek in da znaten del proizvedenega vakuumskega plinskega olja ni prodan na trgu (medtem ko niso izključene nobene morebitne dobave tretje strani).
In this case, as laid down in paragraph 69 of the RAG, it can be concluded that with regard to the new vacuum distillation unit and the new visbreaker in Matosinhos, the product concerned is the downstream product, namely diesel.
V tem primeru je mogoče ugotoviti, da je glede na novo vakuumsko destilacijsko enoto in novo enoto za viskoredukcijo v Matosinhosu zadevni proizvod izdelek v nadaljnjem proizvodnem procesu, kot določa odstavek 69 Smernic.
The Commission also notes that Competitor No 1 considers that hydrocracking residues could be deemed a product concerned by the investment project (see recital 92).
Komisija prav tako upošteva mnenje konkurenta št. 1, da bi se lahko ostanki hidrokrekinga šteli za proizvod, ki ga zadeva naložbeni projekt (glej uvodno izjavo 92).