News
28 June 2018

World Bank, AIIB agree $1.2bn loan for Lake Tuz natural gas storage facility

In:
Oil & gas
Region:
Europe

The World Bank and Asian Infrastructure Investment Bank (AIIB) have provided a $1.2 billion loan for the capacity expansion project of Lake Tuz underground natural gas storage facility in Turkey. The second phase of the project will be operational in 2019 or 2020 and the third phase is planned to...

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