26 Апреля 2024 | пятница | 02:36
Energoterra

EIB approved EUR 932 million of financing for Trans-Anatolian Pipeline

Марта 16, 2018

Following detailed assessment the EIB Board approved EUR 932 million of financing for the 1850km Trans-Anatolian Pipeline (TANAP) to bring natural gas from Azerbaijan’s Shah Deniz-2 gas field to Europe.

Financing for construction of the TANAP pipeline has already been confirmed by the European Bank for Reconstruction and Development (EBRD), the World Bank and Asian Infrastructure and Investment Bank (AIIB).

The project is key component of the Southern Gas Corridor, an initiative identified by the Council of Ministers, the European Commission, and the European Parliament as strategically important for the EU’s energy policy.
 

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