| Financier | Commitments |
|---|---|
| Borrower/Recipient | 124.00 |
| International Bank for Reconstruction and Development | 60.00 |
ARP/ III-Large Scale Oil Polluted Land Clean up
Abstract*
The Third ARP/Large Scale Oil Polluted Land Clean up Project for Azerbaijan development objective is to improve: (i) State Oil Company of Azerbaijan Republic (SOCAR) capacity and effectiveness in environmental management and in cleaning up of oil polluted land in the Absheron Peninsula; and (ii) the quality of soil conditions in oil polluted lands cleaned up under the project. This project is one of several operations which the Bank will finance to... Show More
Development Objective
The project development objective (PDO) is to improve (i) SOCAR's capacity and e ffectiveness in environmental management and in cleaning up of oil polluted land in the Absheron Peninsula, and (ii) the quality of soil conditions in oil pollu ted lands cleaned up under the project.
Key Details
Project Details
P110682
Closed
Wolfhart Pohl
N/A
February 12, 2008
(as of board presentation)
June 17, 2008
N/A
US$ 184.00 million
N/A
2008
US$ 60.00 million
B
Not Applicable
December 18, 2009
BANK APPROVED
January 15, 2013
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 60.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 60.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 184.00 |
Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| Jun 17, 2008 | IBRD-75500 | Loan Commitment | 60,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Unsatisfactory | 2009-10-02 |
| Project Management | Unsatisfactory | 2009-10-02 |
| Financial Management | Unsatisfactory | 2009-10-02 |
| Monitoring and Evaluation | Unsatisfactory | 2009-10-02 |
| Procurement | Unsatisfactory | 2009-10-02 |
| Overall Safeguards Rating | Unsatisfactory | 2009-10-02 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
No data available.