TPAO signs loan agreement in connection with "Shah Deniz"

Turkish Petroleum Corporation (TPAO) has signed a loan agreement in Ankara as part of increasing the equity in the project of development of Azerbaijani gas condensate field "Shah Deniz".That the information was provided in "Anatolia" Turkish news agency.The loan agreement was signed with the participation of the Minister of Energy and Natural Resources Minister Taner Yildiz, a Turkish banks "Vakıfbank" and  "Türkiye İş Bankası" totaling $1 000 000 000.Yildiz said at the event that Turkey will increase the volume of oil shipped abroad.Bakudaily.Az