General information

Title The project Gas Sector Development Additional Financing has changed to Active
Status Unknown
Sector
Region Turquía 
Amount 676,416,520 €
Published 10-09-2014
Updated 10-09-2014
Close date
Description

The project Gas Sector Development Additional Financing has changed to Active. To see more information, see the project information in the World Bank project database

The objective of the Gas Sector Development Project for Turkey is to increase the reliability and stability of gas supply in Turkey by implementing critically needed gas storage and network infrastructure; and support Petroleum Pipeline Corporation of Turkey in strengthening its operations as a financially stable and commercially managed corporation. The Project consists of two components: (a) gas storage facility; and (b) network expansion. The proposed additional loan would finance US$400 million of the cost overrun in the Tuz Golu gas storage facility. Expected results have been modified accordingly.
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