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    AzerNews: Botas in Talks with EIB, WB to Draw Loan on TANAP

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Summary

Turkish pipeline company Botas is in talks with the European Investment Bank and the World Bank to secure a $2-billion loan for TANAP, Bloomberg reports

by: Erica Mills

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AzerNews: Botas in Talks with EIB, WB to Draw Loan on TANAP

Turkish Botas State Pipeline Company is negotiating with the European Investment Bank (EIB) and the World Bank (WB) to draw loans worth $2 billion to finance its stake in the Trans-Anatolian pipeline (TANAP), Bloomberg agency reported on November 12.

The sources dealing with the situation said the negotiations are underway with the Turkish Energy Ministry.

Read the full article HERE.

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