| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 120.00 |
| Foreign Private Commercial Sources (unidentified) | 461.00 |
PTRL DIST & SEC MGMT
Abstract*
The objective of the project is to improve the efficiency of Korea's energy sector and enhance the reliability of petroleum supply. The project consists of three parts. The first is an approximately 1000 km pipeline system to transport petroleum products. The network will include an east-north trunkline connecting two eastern refineries near Pusan to Taejon; a west-north trunkline connecting the Honam refinery at Yeochon to Taejon; and two parallel... Show More
Development Objective
THE OBJECTIVE OF THE PROJ IS TO ENHANCE THE EFFICIENCY & RELIABILITYOF PETROLEUM PRODUCTS, TRANSPORTATION & DISTRIBUTION IN THE COUNTRY& TO IMPROVE THE ENVIRONMENT BY REDUCING THE AIR POLLUTION & ROADACCIDENT. THE PROJ CONSIST OF 1000 KM OF VARIOUS SIZE PIPELINE.
Key Details
Project Details
P004170
Closed
Mohammad Farhandi
N/A
June 3, 1993
(as of board presentation)
June 3, 1993
September 13, 1993
US$ 809.70 million
N/A
1993
US$ 120.00 million
A
Not Applicable
December 31, 1998
BANK APPROVED
January 15, 2013
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 120.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 120.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 809.70 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 3, 1993 | IBRD-36130 | Loan Commitment | 120,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 08-12-1999 | PROJECT PERFORMANCE ASSESSMENT REPORT: |
|---|---|---|
| Outcome Rating | Unsatisfactory | N/a |
| Risk To Development Outcome | Not Rated | N/a |
| Bank Performance | Satisfactory | N/a |
| Borrower Performance | Satisfactory | N/a |
| Government Performance | Satisfactory | N/a |
| Implementing Agency | Satisfactory | N/a |
| Icr Quality | Satisfactory | N/a |
| M&e Quality | Not Rated | N/a |
Results Framework
No data available.