Trans-Anatolian Natural Gas Pipeline Project (WB-P157416)

Regions
  • Europe and Central Asia
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Dec 20, 2016
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
BORU HATLARI ILE PETROL TASIMA AS - BOTAS, SOUTHERN GAS CORRIDOR CJSC (SGC)
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 800.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 800.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 8,600.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS Oct 12, 2017

Disclosed by Bank Jan 11, 2016


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Project Description
This project funds the construction of the Trans-Anatolian Natural Gas Pipeline Project for the 1850 km TANAP pipeline that begins in Turkgozu, in the Posof disctrict of Ardahan, Turkey, and ends in Ipsala district of Edirne province, at the Greek border. The project also funds land acquisition costs including cash compensation, livelihood restoration plans and Resettlement Action Plan design and payments, forestry land costs, and consulting services.
Investment Description
  • World Bank (WB)
Contact Information
Boru Hatlari Ile Petrol Tasima A.s. (BOTAS) Emre Engur Head of Strategy and Int. Projects emre.engur@botas.gov.tr Southern Gas Corridor CJSC (SGC) Afgan Isayev General Director Afgan.Isayev@sgc.az TANAP Dogalgaz Iletim A.S. (TANAP) Yilmaz Ozturk Manager yilmaz.ozturk@tanap.com ACCOUNTABILITY MECHANISM OF WORLD BANK The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.