BOTAS will repay the loan debt over 18 years of which the first five will be non-refundable.
TANAP, with investments of over $7 billion, is the largest section of the $40 billion Southern Gas Corridor project.
The Southern Gas Corridor project includes the Shah Deniz - 2 field, South Caucasus Pipeline and TANAP. Azerbaijan, Georgia, Turkey, Bulgaria, Greece, Albania and Italy are countries that are involved in the 3,500-kilometer-long project.
