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Transcripción del abstract original del autor: In the late 1990’s Spain began to liberalise its energy market. The process commenced within the electricity sector, and resulted in numerous projects for new, Combined Cycle electricity Plants. The liberalisation of the gas sector commenced afterwards, and even though the process is making rapid progress, part of the applicable regulations have been developed subsequently. However, new initiatives are also currently arising within the gas sector. Bahia de Bizkaia as a project is taking place against the backdrop of this new energy context in Spain. It comprises the construction, commissioning and operation of a Natural Gas Regasification Plant (Bahía de Bizkaia Gas, or BBG) and a Combined Cycle Power Plant (Bahía de Bizkaia Electricidad, or BBE). The Bahía de Bizkaia project as a whole is headed by four equal partners, all top companies in the energy sector, such as: BP, Iberdrola, Repsol-YPF and Ente Vasco de Energía (the Basque Country’s Regional Energy Agency). They are firmly committed to bringing about this key strategic project, which will secure and guarantee sufficient high-quality Natural- Gas based energy supplies transported by sea, and will make industry more competitive in energy terms by bringing energy production closer to the point of consumption. With investment totalling close to 655 million Euro, the project will strengthen the Spanish gas supply system by creating a new point of entry for gas in northern Spain, in addition to the three existing Regas Plants in Barcelona and Cartagena in the east of Spain, and Huelva in the south, as well as to piped supplies. It will also help provide more energy with greater efficiency and lower technical losses in the Basque Country, which is a major demand area. The facilities will go into operation in 2003, with the Electricity Plant coming on line first (in May 2003), followed by the Regas Plant (in September 2003). The very special circumstances which surround and conform the Project from its very beginning have helped bestow special interest on the same.