BOTAŞ

Trans Anatolian Natural Gas Pipeline - EIB Direct Loan

Borrower (s)
BOTAŞ
Industry
Oil & gas/Gas - Midstream (Transportation)
Area of finance
Project & Infrastructure Finance
Region
Europe
Countries
Turkey

Deal Overview

A $270 million 18-year loan from EIB to Turkey's state-owned crude oil and natural gas pipelines and trading company, BOTAS, for the Trans Anatolian Natural Gas Pipeline (TANAP) project which became operational in June 2018. TANAP is the largest section of the $40 billion Southern Gas Corridor...

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A $270 million 18-year loan from EIB to Turkey's state-owned crude oil and natural gas pipelines and trading company, BOTAS, for the Trans Anatolian Natural Gas Pipeline (TANAP) project which became operational in June 2018. TANAP is the largest section of the $40 billion Southern Gas Corridor project.

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Deal Volume
$270m
Financial Close
28 July 2020

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Projects

Trans-Anatolian Natural Gas Pipeline ( TANAP )

Greenfield
Gas - Midstream (Transportation)
Europe
Turkey
$8bn