The World Bank Implementation Status & Results Report Gas Storage Expansion Project (P162727) Gas Storage Expansion Project (P162727) EUROPE AND CENTRAL ASIA | Turkiye | Energy & Extractives Global Practice | IBRD/IDA | Investment Project Financing | FY 2018 | Seq No: 10 | ARCHIVED on 15-Feb-2024 | ISR59156 | Implementing Agencies: BORU HATLARI İLE PETROL TAŞIMA A.Ş. (BOTAŞ), BORU HATLARI İLE PETROL TAŞIMA A.Ş. (BOTAŞ) Key Dates Key Project Dates Bank Approval Date: 22-May-2018 Effectiveness Date: 27-Jun-2018 Planned Mid Term Review Date: 15-Jul-2022 Actual Mid-Term Review Date: 25-Nov-2022 Original Closing Date: 31-Oct-2024 Revised Closing Date: 31-Oct-2024 pdoTable Project Development Objectives Project Development Objective (from Project Appraisal Document) The Project Development Objective is to increase the reliability and security of gas supply in Turkey by expanding underground gas storage capacity in the country. Has the Project Development Objective been changed since Board Approval of the Project Objective? No Components Table Name Tuz Golu Gas Storage Expansion Plant:(Cost $2715.00 M) Construction Supervision Consultancy:(Cost $17.00 M) ESIA and RAP Monitoring Consultancy:(Cost $3.00 M) Overall Ratings Name Previous Rating Current Rating Progress towards achievement of PDO Moderately Satisfactory Moderately Satisfactory Overall Implementation Progress (IP) Moderately Satisfactory Moderately Satisfactory Overall Risk Rating Substantial Substantial Implementation Status and Key Decisions On June 14, 2023, OPRC clear all BOTAS claims and requests for change of scope in the contract, except two of them related to (i) overhead cost incurred by the contractor; and (ii) final modification of the time schedule. These two points need to be further justified and resubmitted for project procurement team approval (no need for additional OPRC). Following the clearances for the remaining open points indicated above, the team will proceed with a restructuring of the project to be processed in Q3FY24. This restructuring will involve the extension of the project and the change in project quantitative target. On safeguards, the Bank has verified the current commitment and support of BOTAS’ senior management to environmental, social and OHS issues as well as the commitment of the contractor to effectively manage these aspects. 4/24/2024 Page 1 of 5 The World Bank Implementation Status & Results Report Gas Storage Expansion Project (P162727) Risks Systematic Operations Risk-rating Tool Risk Category Rating at Approval Previous Rating Current Rating Political and Governance Moderate Moderate Moderate Macroeconomic Substantial Moderate Moderate Sector Strategies and Policies Moderate Moderate Moderate Technical Design of Project or Program Substantial Substantial Substantial Institutional Capacity for Implementation and Substantial Substantial Substantial Sustainability Fiduciary Substantial Substantial Substantial Environment and Social High Substantial High Stakeholders Moderate Moderate Moderate Other -- Moderate Moderate Overall Substantial Substantial Substantial Results PDO Indicators by Objectives / Outcomes Increase the reliability of gas supply in Turkey IN01377747 ►Reduction of gas supply curtailments due to available gas storage at the Tuz Golu Expansion Plant (Cubic Meter(m3), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 1,500,000,000.00 1,500,000,000.00 1,500,000,000.00 0.00 Date 26-Mar-2018 31-May-2023 31-Jan-2024 31-Jul-2024 Increase the security of gas supply in Turkey IN01377748 ►Reduction of spot LNG purchases due to available gas storage at the Tuz Golu Expansion Plant (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 67.00 Date 26-Mar-2018 31-May-2023 31-Jan-2024 31-Jul-2024 4/24/2024 Page 2 of 5 The World Bank Implementation Status & Results Report Gas Storage Expansion Project (P162727) Expand underground gas storage capacity in Turkey IN01377749 ►Increasing gas storage capacity through the Tuz Golu Gas Storage Expansion Plant (Cubic Meter(m3), Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 4,000,000,000.00 Date 26-Mar-2018 31-May-2023 31-Jan-2024 31-Jul-2024 Overall Comments PDO Given the project involves a singular infrastructure, there is no partial advance in most of the main indicators. The complete storage system will be put online at the same time once the SF2 and suitable wells are operational. Intermediate Results Indicators by Components Tuz Golu Gas Storage Expansion Plant IN01377750 ►Turkish gas consumers benefitting from gas supply (Number, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 14,000,000.00 14,000,000.00 14,000,000.00 18,000,000.00 Date 26-Mar-2018 31-May-2023 31-Jan-2024 31-Jul-2024 IN01377751 ►Implementing Tuz Golu Resettlement Action Plans to compensate Project Affected Persons (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 100.00 100.00 100.00 Date 26-Mar-2018 31-May-2023 31-Jan-2024 31-Jul-2024 IN01377752 ►Registered grievances addressed within the stipulated time frame (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 60.00 60.00 90.00 Date 26-Mar-2018 31-May-2023 31-Jan-2024 31-Jul-2024 IN01377753 Registered grievances submitted by women addressed within the stipulated timeframe (Percentage, Custom Breakdown) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 23.00 23.00 90.00 4/24/2024 Page 3 of 5 The World Bank Implementation Status & Results Report Gas Storage Expansion Project (P162727) Date 26-Mar-2018 31-May-2023 31-Jan-2024 31-Jul-2024 IN01377754 ►Number of community consultations held for women in proportion to the total number of consultations held (Percentage, Custom) Baseline Actual (Previous) Actual (Current) End Target Value 0.00 0.00 0.00 40.00 Date 26-Mar-2018 31-May-2023 31-Jan-2024 31-Jul-2024 Performance-Based Conditions Data on Financial Performance Disbursements (by loan) Project Loan/Credit/TF Status Currency Original Revised Cancelled Disbursed Undisbursed % Disbursed P162727 IBRD-88590 Effective USD 600.00 600.00 0.00 348.52 251.48 58% Key Dates (by loan) Project Loan/Credit/TF Status Approval Date Signing Date Effectiveness Date Orig. Closing Date Rev. Closing Date P162727 IBRD-88590 Effective 22-May-2018 11-Jun-2018 27-Jun-2018 31-Oct-2024 31-Oct-2024 Cumulative Disbursements 4/24/2024 Page 4 of 5 The World Bank Implementation Status & Results Report Gas Storage Expansion Project (P162727) Restructuring History There has been no restructuring to date. Related Project(s) There are no related projects. 4/24/2024 Page 5 of 5