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Gas Sector Development Project - Additional Financing and Restructuring

July 2, 2014

IBRD Loan: US $400.0 million equivalent
Terms: Maturity = 13 years, Grace = 7 years
Project ID: P133565

Project Description: The objective of the project 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.

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Kristyn Schrader-King
Tel : (202) 458-2736