Category: Trucking News

Turkey and Azerbaijan mark completion of TANAP pipeline to take gas to Europe

Turkey and Azerbaijan formally marked the completion of the Trans-Anatolian Natural Gas Pipeline (TANAP) on Saturday, a milestone in a major project to help reduce Europe's dependence on Russian gas. TANAP comprises the longest stretch of the $40 billion Southern Gas Corridor, a series of pipelines that will carry gas from Azerbaijan's Shah Deniz II field to Europe....

AfDB approves $210 million loan for Nigeria's power transmission project

The African Development Bank (AfDB) has approved a $210 million loan to help Nigeria upgrade its dilapidated electricity transmission and distribution network. The loan to Transmission Company of Nigeria (TCN) will support construction of 330KV double circuit quad transmission lines and sub-stations across the country, the bank said in a statement late on Friday. The AfDB funded project will run across seven states and will improve the capacity of power grid where it is most constrained....