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Business news - 22 December 2016


World Bank approves TANAP loans

World Bank Group has supported the diversification of Azerbaijan’s gas export markets by approving US$800 million loan for the TANAP project.


Environmentalists challenge Trans Mountain decision

Environmentalists are challenging the decision to approve the Trans Mountain pipeline expansion on the grounds that it failed to consider killer whales that live in what is to be the main shipping lane for crude tankers.