| Financier | Commitments |
|---|---|
| International Bank for Reconstruction and Development | 250.00 |
| EC: European Investment Bank | 60.00 |
Energy Resources Develpment Project
Abstract*
The Government has sought Bank assistance to develop a sound energy policy and has requested Bank financing for increased production of natural gas and for support of energy sector restructuring. The projects objectives are to : a) improve the energy related convertible currency earnings by increasing domestic production of natural gas and encouraging energy conservation for all forms of energy; b) contribute to a reduction of environmental pollution... Show More
Development Objective
ASSIST GOVT. IN (1) REFORMING THE ENERGY SECTOR BY GRADUALLY PHASINGOUT PRICING AND FOREIGN EXCHANGE CONSTRAINTS WHICH PRESENTLY INHIBITINCREASED ENERGY PRODUCTION, CONSERVATION & EXPORTS, AND (2) IMPLE-MENTING A LEAST-COST GAS SUBSECTOR INVESTMENT PROGRAM AND ENERGY SEC-TOR RESTRUCTURING STUDIES.
Key Details
Project Details
P008568
Closed
Julius Wilberg
N/A
June 5, 1990
(as of board presentation)
June 5, 1990
November 14, 1990
US$ 695.60 million
N/A
1990
US$ 310.00 million
B
Not Applicable
June 30, 1998
BANK APPROVED
January 15, 2013
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 250.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 250.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 60.00 |
| Total Project Cost** | 695.60 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 5, 1990 | IBRD-3215A | Loan Commitment | 10,843,567.00 |
| Jun 5, 1990 | IBRD-3215S | Loan Commitment | 187,081,440.00 |
| Jun 5, 1990 | IBRD-32150 | Loan Commitment | 52,075,000.00 |
Ratings
IMPLEMENTATION RATINGS
No data available.
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
| INDICATOR | ICR REVIEW: 06-30-1999 | PROJECT PERFORMANCE ASSESSMENT REPORT: 06-12-2002 |
|---|---|---|
| Outcome Rating | Moderately Unsatisfactory | Moderately Unsatisfactory |
| Risk To Development Outcome | Not Rated | Not Rated |
| Bank Performance | Satisfactory | Satisfactory |
| Borrower Performance | Satisfactory | Satisfactory |
| Government Performance | Satisfactory | Satisfactory |
| Implementing Agency | Satisfactory | Not Rated |
| Icr Quality | Unsatisfactory | Not Rated |
| M&e Quality | Not Rated | Not Rated |
Results Framework
No data available.