The Azerbaijan State News Agency

ECONOMY

German Bank to invest in TANAP project

Baku, November 20 (AZERTAC). Germany’s “Commerzbak” is likely to invest in the project on transportation of Azerbaijani gas to Europe.

The statement came from Johann Engbrecht, head of the Bank’s Azerbaijan representation. 

Johann Engbrecht said if it will be necessary the Bank stands ready to finance the Trans-Anatolian gas pipeline (TANAP) and other transportation projects.

At his words, “Commerzbank” is much experienced in such projects.

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