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Tupras

Sector: Oil and Gas • Location: Turkiye

Source: International Finance Corporation (IFC)

Project
Completed
    The proposed IFC investment includes an A loan up to US$100 million (to be disbursed either in TRY or US$) to Turkiye Petrol Rafinerileri A.S. (“Tupras” or the “Company”), an existing oil refining company, for the financing of (i) the Company's research and development expenditure during 2017-2019 period, (ii) the new sulphur recovery units (the "S

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Project Information

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The project “Tupras” is an infrastructure initiative in the Oil and Gas sector, located in Turkiye. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

Taiyo status

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Description

Description

The proposed IFC investment includes an A loan up to US$100 million (to be disbursed either in TRY or US$) to Turkiye Petrol Rafinerileri A.S. (“Tupras” or the “Company”), an existing oil refining company, for the financing of (i) the Company's research and development expenditure during 2017-2019 period, (ii) the new sulphur recovery units (the "SRUs") to be constructed in Izmit, Izmir and Kirikkale refineries, and (iii) the capacity increase of the continuous catalyst regeneration (the "CCR") platformer in Izmir refinery (the "Project").

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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