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Article: Turkey: World Bank supports gas sector development.
- Article from:
- M2 Presswire
- Article date:
- November 30, 2005
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M2 PRESSWIRE-30 November 2005-WORLD BANK: Turkey: World Bank supports gas sector development(C)1994-2005 M2 COMMUNICATIONS LTD
RDATE:29112005
ANKARA - The World Bank approved today a loan of US $325 million to support a Gas Sector Development Project for Turkey. Boru Hatlari ile Petrol Tasima A.S. (BOTAS) will be in charge of the overall implementation of the project.
The project's main objective is to increase the reliability and stability of the gas supply in Turkey by putting into place critically needed gas storage and network infrastructure, and supporting BOTAS in strengthening its operations as a financially stable and commercially ...