325 million dollar loan to Turkey

Share post:

The World Bank has given Turkey a loan amounting to 325 million dollars for the creation of urgently needed gas storage facilities, network infrastructure and compressor stations. The loan has a grace period of seven years and a 13-year final maturity.
The aim of the loan is to meet the cost of building in Tuz Golu an underground facility which will have a capacity of storing some 960 million cubic metres of working gas and 460 million cubic metres of cushion gas.

Austin K
Austin Khttps://www.megri.com/
I'm Austin K., a passionate writer exploring the world of News, Technology, and Travel. My curiosity drives me to delve into the latest headlines, the cutting-edge advancements in tech, and the most breathtaking travel destinations. And yes, you'll often find me with a Starbucks in hand, fueling my adventures through the written word

Related articles

2 Unique Ways to Improve Business Operations

In any business, one of the key goals is to improve operational efficiency. This can take many forms,...

The Evolution of Network Security: Firewalls in the Modern Digital Landscape

Key Takeaways: Firewalls are critical components of cybersecurity, acting as gatekeepers for network traffic. The technology behind firewalls...

Mary Joan Martelly, the Woman Behind the Boxer

Mary Joan Martelly is arguably best known as the wife of boxing legend George Foreman. As Foreman grew...

Sustainable Practices in Home Appliance Disposal

Key Takeaways: Importance of eco-friendly disposal and recycling of home appliances. Impact of legislation and policies on sustainable...