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October 2018
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Monday, 02 July 2018 13:00

TANAP allocated loan

TANAP allocated loan

Multilateral Investment Guarantee Agency (MIGA) has organized a syndicated credit worth $750mln for the TANAP project of the Southern Gas Corridor CJSC, Caspian Energy News (www.caspianenergy.net ) reports with reference to CQD.

Syndication implies attraction of credit resources at the amount of $500mln and 215mln Euros guaranteed by the Government of Azerbaijan and MIGA.

It is noteworthy that the major section of TANAP (from the Georgian-Turkish border to Eskishehir) will be commissioned on June 12.

More details: https://www.sgc.az/en/news/southern-gas-corridor-cjsc-signs-a-syndicated-loan-agreement-under-the-multilateral-investment-guarantee-agency-miga-guarantee

Person in charge of the newsline: Fidan Isayeva

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