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LOANS & CREDITS May 22, 2018

Turkey Gas Storage Expansion Project

WASHINGTON, May 22, 2018 - The World Bank's Board of Executive Directors today approved: Turkey Gas Storage Expansion Project

IBRD Credit: US$600 million

Terms: Maturity = 22.5 years including Grace =7 years

Project ID: P162727

Project Description: The Loan will support Turkish government’s efforts to quintuple the size of  an underground gas storage facility within a salt formation close to Tuz Gölü, a salt lake in central Turkey.


Tunya Celasin
Washington, DC
Kym Smithies
+1 (202) 458-0152