VOL. XLII

No. 31

2-August-1999

TURKEY

Turkey Obtains Loans For Gas Pipeline

Turkey signed on 27 July several loan agreements worth$131mn that will be used to finance the construction of a section of theEastern Anatolia Gas Network, the gas pipeline system that will distributenatural gas throughout the country. The gas is to be supplied by either Iran orTurkmenistan. The Turkish Treasury signed the loan agreements and Turkey痴state-owned pipeline operator, Botas, initialed them. Japan痴 Marubeni...