In 2005, BOTAS designed a project to build an underground storage facility near a salt lake in central Turkey with a capacity of 1bcm of storage capacity. The project was the first of its kind supported with the World Bank financing. This facility will meet only a fraction of Turkey’s gas storage needs. That is why the World Bank agreed in 2017 to help partly finance a project extension with an estimated cost of $2.7 billion to increase the gas storage...
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INFORMATION
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2018/06/28
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Fiche
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180927
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1
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2023/03/18
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Disclosed
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How the World Bank Operations Procurement is Helping Turkey to Procure a Large US$2 Billion Gas Storage Facility