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/
Austin K. is a writer and researcher covering Business, Technology, Lifestyle, Retail, and Travel. With a keen interest in emerging trends, market developments, consumer behavior, and innovation, Austin creates insightful content that helps readers stay informed in a rapidly evolving world. His work explores everything from business strategy and digital transformation to modern lifestyle trends, retail industry shifts, and inspiring travel experiences. Through clear, engaging, and well-researched articles, Austin delivers practical insights and fresh perspectives for professionals, consumers, and curious readers alike.

Related articles

9 Best eCommerce Marketing Companies for Online Businesses (2026)

If you run an online store in 2026, traffic alone is not enough. You need the best eCommerce marketing...

Collette McArdle: The Silent Power Behind the Legacy of Gerry Adams

Gerry Adams, the former president of Sinn Féin and a pivotal participant in the Irish peace process, has...

7 Best Delta 9 Drinks in 2026

It's Friday evening. You want the social lift of a cocktail - minus the hangover, the calories, and...

Queensland Home Design Ideas for Hotter Summer Days

Queensland summers can place sustained pressure on your home, particularly when high daytime temperatures combine with strong sunlight...