European Investment Bank Delays Loan Decision for Major Gas Pipeline Project
GALWAY, IRELAND--December 19, 2017--Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland)--The European Investment Bank (EIB) has postponed making a decision on whether to loan 1.5 billion euro ($1.8 billion) to the controversial Trans-Adriatic Pipeline (TAP) project that will bring gas to Europe from the Caspian Sea.
Within this article: Details financing hold-up for pipeline project, technical scope, budget, related projects
