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

Why Is Water Conservation Important in Agriculture?

You’ve probably spent most of your life hearing about the importance of water conservation. Congress created the Land...

Revocable Trust Guide for Flexible Estate Planning

Have you ever wondered how you can plan your future while keeping full control of your assets? Many...

How Memory Support Services Enhance Quality of Life for Seniors

As seniors age, memory changes can affect their daily lives. Simple tasks may feel difficult. Feelings of stress...

Understanding Memory Care Options for Alzheimer’s and Dementia

Soft memories often arrive without warning. A familiar song, a warm smile, or the smell of coffee can...