Turkey in focus-news,26.05.08 /English version/
Iran-Turkey gas flow halted after blast
26 May 2008 | 13:38 | FOCUS News Agency
Tunceli. The flow of Iranian natural gas to Turkey was halted early on Monday after an explosion hit a gas pipeline in eastern Turkey, Turkish energy officials said, Reuters reports.
A senior military source in southeast Turkey, who declined to be named, told Reuters the blast was the work of the outlawed separatist Kurdistan Workers Party /PKK/.
Work to repair the pipeline, hit just after midnight, was underway and it should be operational in a few days time, said a source at state gas company Botas.
World Bank approves USD 600 mln loan for Turkey
25 May 2008 | 13:55 | FOCUS News Agency
Washington/Ankara. The World Bank has approved a loan of USD 600 million, which is to assist the development of Turkish export companies and boost their competitive power, the Turkish Hurriyet newspaper writes.
A bank’s statement reads that the loan will be granted to the Turkish Industrial Development Bank and Turkish Export Bank with a government security. This is the fourth loan in a series of loans destined for the financing of about 500 Turkish export companies since 1999.