| Financier | Commitments |
|---|---|
| Asian Infrastructure Investment Bank | 600.00 |
| Borrower/Recipient | 735.00 |
| Islamic Development Bank | 350.00 |
| International Bank for Reconstruction and Development | 600.00 |
Gas Storage Expansion Project
Development Objective
The Project Development Objective is to increase the reliability and security of gas supply in Turkey by expanding underground gas storage capacity in the country.
Key Details
Project Details
P162727
Active
Manuel Millan Sanchez , Robert Van der Geest
BORU HATLARI ?LE PETROL TA?IMA A.?. (BOTA?)
September 7, 2017
(as of board presentation)
May 22, 2018
June 27, 2018
US$ 2735.00 million
BORU HATLARI ?LE PETROL TA?IMA A.?. (BOTA?)
2018
US$ 1550.00 million
A
March 22, 2024
December 31, 2027
Yes
BANK APPROVED
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | 600.00 |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | 600.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | 950.00 |
| Total Project Cost** | 2735.00 |
Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025
No data available.
| Period | Financier | Transaction Type | Amount (US$) |
|---|---|---|---|
| May 31, 2024 | IBRD-88590 | Loan Disb | 5,000,000.00 |
| Nov 30, 2023 | IBRD-88590 | Loan Disb | 2,500,000.00 |
| Dec 27, 2023 | IBRD-88590 | Loan Disb | 5,000,000.00 |
| Nov 15, 2023 | IBRD-88590 | Int Charges | 10,719,439.00 |
| Nov 15, 2023 | IBRD-88590 | Int Charges | 352,458.90 |
| Nov 10, 2023 | IBRD-88590 | Loan Disb | 5,000,000.00 |
| May 15, 2023 | IBRD-88590 | Int Charges | 493.16 |
| May 15, 2023 | IBRD-88590 | Int Charges | 5,826.83 |
| Jul 12, 2024 | IBRD-88590 | Loan Disb | 10,000,000.00 |
| May 13, 2024 | IBRD-88590 | Loan Disb | 5,000,000.00 |
| May 15, 2024 | IBRD-88590 | Int Charges | 315,412.38 |
| May 15, 2024 | IBRD-88590 | Int Charges | 4,377.37 |
| May 15, 2024 | IBRD-88590 | Int Charges | 12,174,954.00 |
| May 15, 2024 | IBRD-88590 | Int Charges | 171.24 |
| May 22, 2018 | IBRD-88590 | Loan Commitment | 600,000,000.00 |
| Nov 15, 2019 | IBRD-88590 | Int Charges | 2,913.03 |
| Nov 15, 2019 | IBRD-88590 | Int Charges | 685,332.40 |
| Nov 15, 2019 | IBRD-88590 | Int Charges | 1,088,726.90 |
| Jun 7, 2019 | IBRD-88590 | Loan Disb | 2,250,000.00 |
| Nov 15, 2018 | IBRD-88590 | Int Charges | 397,633.56 |
| Nov 15, 2018 | IBRD-88590 | Int Charges | 21,561.26 |
| May 16, 2019 | IBRD-88590 | Loan Disb | 17,172,608.00 |
| May 13, 2019 | IBRD-88590 | Loan Disb | 13,750,000.00 |
| Jun 27, 2018 | IBRD-88590 | Loan Disb | 1,500,000.00 |
| Jun 27, 2018 | IBRD-88590 | Fee Charges | 1,500,000.00 |
| Sep 24, 2020 | IBRD-88590 | Loan Disb | 10,000,000.00 |
| Feb 18, 2021 | IBRD-88590 | Loan Disb | 6,000,000.00 |
| Oct 21, 2020 | IBRD-88590 | Loan Disb | 10,000,000.00 |
| Jul 22, 2020 | IBRD-88590 | Loan Disb | 7,500,000.00 |
| Jun 9, 2020 | IBRD-88590 | Loan Disb | 10,000,000.00 |
| Sep 8, 2020 | IBRD-88590 | Loan Disb | 10,000,000.00 |
| May 15, 2020 | IBRD-88590 | Int Charges | 616,761.10 |
| May 15, 2020 | IBRD-88590 | Int Charges | 1,566,938.80 |
| Dec 20, 2019 | IBRD-88590 | Loan Disb | 10,000,000.00 |
| Apr 15, 2020 | IBRD-88590 | Loan Disb | 20,000,000.00 |
| May 13, 2020 | IBRD-88590 | Loan Disb | 15,000,000.00 |
| Mar 4, 2020 | IBRD-88590 | Loan Disb | 20,000,000.00 |
| Mar 23, 2020 | IBRD-88590 | Loan Disb | 5,000,000.00 |
| Dec 19, 2019 | IBRD-88590 | Loan Disb | 8,500,000.00 |
| Jan 21, 2020 | IBRD-88590 | Loan Disb | 23,396,012.00 |
| Dec 2, 2019 | IBRD-88590 | Loan Disb | 500,000.00 |
| Dec 3, 2019 | IBRD-88590 | Loan Disb | 5,000,000.00 |
| Nov 15, 2019 | IBRD-88590 | Int Charges | 188.36 |
| May 16, 2019 | IBRD-88590 | Loan Disb | 12,711,885.00 |
| May 16, 2019 | IBRD-88590 | Loan Disb | 9,313,425.00 |
| May 15, 2019 | IBRD-88590 | Int Charges | 741,787.70 |
| May 15, 2019 | IBRD-88590 | Int Charges | 30,619.17 |
| Nov 15, 2021 | IBRD-88590 | Int Charges | 32,296.91 |
| Nov 15, 2021 | IBRD-88590 | Int Charges | 420,970.28 |
| Nov 15, 2021 | IBRD-88590 | Int Charges | 1,889,563.50 |
| Nov 15, 2021 | IBRD-88590 | Int Charges | 6,617.47 |
| May 15, 2021 | IBRD-88590 | Int Charges | 34,951.55 |
| May 15, 2021 | IBRD-88590 | Int Charges | 440,777.06 |
| May 15, 2021 | IBRD-88590 | Int Charges | 1,741,255.40 |
| May 15, 2021 | IBRD-88590 | Int Charges | 5,259.56 |
| Nov 15, 2020 | IBRD-88590 | Int Charges | 6,113.40 |
| Nov 15, 2020 | IBRD-88590 | Int Charges | 71,453.28 |
| Nov 15, 2020 | IBRD-88590 | Int Charges | 521,152.44 |
| Nov 15, 2020 | IBRD-88590 | Int Charges | 1,740,738.10 |
| Mar 19, 2021 | IBRD-88590 | Loan Disb | 11,950,000.00 |
| Mar 19, 2021 | IBRD-88590 | Loan Disb | 5,000,000.00 |
| Jan 4, 2021 | IBRD-88590 | Loan Disb | 10,000,000.00 |
| Dec 21, 2020 | IBRD-88590 | Loan Disb | 21,425,284.00 |
| Feb 10, 2022 | IBRD-88590 | Loan Disb | 24,671,480.00 |
| Feb 8, 2022 | IBRD-88590 | Loan Disb | 5,000,000.00 |
| May 15, 2022 | IBRD-88590 | Int Charges | 394,934.60 |
| May 15, 2022 | IBRD-88590 | Int Charges | 2,023,432.00 |
| Jun 3, 2022 | IBRD-88590 | Loan Disb | 5,000,000.00 |
| May 15, 2023 | IBRD-88590 | Int Charges | 363,685.16 |
| May 15, 2023 | IBRD-88590 | Int Charges | 9,682,010.00 |
| Aug 24, 2023 | IBRD-88590 | Loan Disb | 7,374,853.00 |
| Jun 22, 2023 | IBRD-88590 | Loan Disb | 2,000,000.00 |
| Aug 1, 2023 | IBRD-88590 | Loan Disb | 15,000,000.00 |
| Nov 3, 2022 | IBRD-88590 | Loan Disb | 6,000,000.00 |
| Nov 15, 2022 | IBRD-88590 | Int Charges | 377,432.28 |
| Nov 15, 2022 | IBRD-88590 | Int Charges | 4,847,342.50 |
| Mar 27, 2024 | IBRD-88590 | Loan Disb | 5,000,000.00 |
| May 22, 2024 | IBRD-88590 | Loan Disb | 5,000,000.00 |
| Jan 30, 2024 | IBRD-88590 | Loan Disb | 5,000,000.00 |
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Progress towards achievement of PDO | Satisfactory | 2025-01-16 |
| Procurement | Satisfactory | 2025-01-16 |
| Financial Management | Satisfactory | 2025-01-16 |
| Overall Implementation Progress (IP) | Satisfactory | 2025-01-16 |
| Overall Safeguards Rating | Moderately Satisfactory | 2025-01-16 |
| Overall Safeguards Rating | Moderately Satisfactory | 2025-01-16 |
| Project Management | Satisfactory | 2025-01-16 |
| Monitoring and Evaluation | Moderately Satisfactory | 2025-01-16 |
| Progress towards achievement of PDO | Moderately Satisfactory | 2025-01-16 |
| Overall Implementation Progress (IP) | Moderately Satisfactory | 2025-01-16 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Reduction of gas supply curtailments due to available gas storage at the Tuz Golu Expansion Plant Value 1500000000.00 1500000000.00 0.00 Date March 26, 2018 January 31, 2024 July 31, 2024 Comment Reduction of spot LNG purchases due to available gas storage at the Tuz Golu Expansion Plant Value 0.00 0.00 67.00 Date March 26, 2018 January 31, 2024 July 31, 2024 Comment Increasing gas storage capacity through the Tuz Golu Gas Storage Expansion Plant Value 0.00 0.00 4000000000.00 Date March 26, 2018 January 31, 2024 July 31, 2024 Comment
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Turkish gas consumers benefitting from gas supply Value 14000000.00 14000000.00 18000000.00 Date March 26, 2018 January 31, 2024 July 31, 2024 Comment Implementing Tuz Golu Resettlement Action Plans to compensate Project Affected Persons Value 0.00 100.00 100.00 Date March 26, 2018 January 31, 2024 July 31, 2024 Comment Registered grievances addressed within the stipulated time frame Value 0.00 60.00 90.00 Date March 26, 2018 January 31, 2024 July 31, 2024 Comment Registered grievances submitted by women addressed within the stipulated timeframe Value 0.00 23.00 90.00 Date March 26, 2018 January 31, 2024 July 31, 2024 Comment Number of community consultations held for women in proportion to the total number of consultations held Value 0.00 0.00 40.00 Date March 26, 2018 January 31, 2024 July 31, 2024 Comment