The Azerbaijan State News Agency

ECONOMY

Multilateral Investment Guarantee Agency allocates $750 million loan for TANAP

Multilateral Investment Guarantee Agency allocates $750 million loan for TANAP

Baku, December 23, AZERTAC

The World Bank’s Board of Executive Directors has approved a $750 million loan for Trans-Anatolian Natural Gas Pipeline Project through guarantee of the Multilateral Investment Guarantee Agency (MIGA).

The term of the loan is 15 years, director general of Southern Gas Corridor CJSC Afgan Isayev told AZERTAC in an exclusive interview.

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