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

How to Provide Liquidity in Crypto: A Practical Guide

Providing liquidity in crypto sits at the core of how decentralized and centralized markets function. Without it, spreads widen,...

How Choosing Red Clay Tile Transforms Your Home Interior

Interior design is an art that balances aesthetics with functionality. One material that stands out for its ability...

AI Song Generator Turns Ideas Into Finished Songs

A lot of AI music tools promise instant results, but many of them still leave people stuck between...

Smart Strategies for Integrating a TV Into Your Living Room Decor

Designing a living room often involves striking a delicate balance between style and functionality. For many households, the...