Trans-Anatolian Pipeline

Sectors

Issues Raised

Project Information

Investment ID: 13661, 13661

Bank: IFC/MIGA

Environmental Category: A

Country: Azerbaijan, Georgia, Turkey

Region: Europe and Central Asia

Approval Date: None

Investment Types: Risk Guarantee

Total Project Cost: No recorded data on this

Total Complaints: 2

Description

In June 2018, MIGA issued an active US$1.1 billion guarantee covering non-shareholder loans from five lender banks to the Azerbaijani state-owned enterprise Southern Gas Corridor CSJC to finance its share of the Trans-Anatolian Natural Gas Pipeline project (TANAP Project). The TANAP Project consists of the construction and operation of the pipeline, a part of the Southern Gas Corridor value chain, which aims to transport natural gas from the Shah Deniz Gas Field in Azerbaijan to Turkey and Europe.

Investments

Investment Type	ID	Amount	Status	Bank	Client
	13661	USD 950.0 million	Planned	IFC
Risk Guarantee	13661	USD 1.1 billion	Planned	IFC	Southern Gas Corridor (SGC)

Related Complaints

IFC/MIGA CAO Complaints	IAM	Country	Date Filed	Status
TANAP-02/Garajemirli	IFC CAO	Azerbaijan, Georgia, Turkey	26/10/2018	Closed Without Outputs
Trans-Anatolian Pipeline-01/Vale	IFC CAO	Azerbaijan, Georgia, Turkey	29/03/2017	Closed Without Outputs

Implementers

Name	Complaints	Dispute Resolutions	DR Successful	Compliance Reviews	Non-Compliance
Southern Gas Corridor (SGC)