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Calendar Year 2015

Greenhouse Gas Emissions Inventory Report

Prepared for:

The U.S. Overseas Private Investment Corporation

Prepared by:

FINAL REPORT

June 2017

Updated August 2017

SC&A, Inc.

2200 Wilson Blvd., Suite 300

Arlington, VA 22201

(703) 893-6600 

www.scainc.com
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TABLE OF CONTENTS

TABLE OF CONTENTS ...................................................................................................ii

TABLES ..........................................................................................................................iii

FIGURES ........................................................................................................................iv

INTRODUCTION............................................................................................................. 1

Baseline Inventory Development ................................................................................. 1

Revisions to Baseline Inventory ............................................................................... 2

2008-2012 Inventories................................................................................................. 2

2013 Inventory Summary............................................................................................. 3

2014 Inventory Summary............................................................................................. 3

2015 Inventory Summary............................................................................................. 4

METHODOLOGY............................................................................................................ 5

Inventory Boundary ..................................................................................................... 5

Inventory Structure ...................................................................................................... 5

Project Screening ........................................................................................................ 5

Development of Emission Estimates ........................................................................... 6

Tier A – Power Generation Sources......................................................................... 8

Tier B – Oil & Gas and Other Large Sources ........................................................... 8

Tier C – Smaller Sources ......................................................................................... 8

Latin America Power III Fund................................................................................... 8

Buffer for Additional Sources.................................................................................... 9

RESULTS...................................................................................................................... 10

Appendix A – 2007 Active Projects ............................................................................... 16

Appendix B – 2015 Active Projects ............................................................................... 31

Appendix C – Project Emissions Calculations............................................................... 40

Appendix D – Common Conversions ............................................................................ 78

Appendix E – Annotated Bibliography........................................................................... 80
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TABLES

Table 1. Running Project Short List................................................................................. 8

Table 2. Technical Profile of OPIC's Historical Portfolio................................................ 11

Table 3. Tier A Historical Project Emissions (Short Tons CO2e)................................... 12

Table 4. Tier B Historical Project Emissions (Short Tons CO2e)................................... 13

Table 5. Tier C Historical Project Emissions (Short Tons CO2e)................................... 14

Table 6. Summary of OPIC Historical Portfolio Emissions (Short Tons CO2e).............. 15
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FIGURES

Figure 1. Project Screening Process............................................................................... 6

Figure 2. OPIC Portfolio GHG Emissions, Calendar Years 2007 – 2015 ...................... 10
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INTRODUCTION

SC&A, Inc. (SC&A) performed an independent assessment of greenhouse gas (GHG) 

emissions from projects supported by the U.S. Overseas Private Investment Corporation 

(OPIC). GHGs are atmospheric compounds that absorb and emit solar radiation in the 

thermal infrared range of the electromagnetic spectrum. An increase in the atmospheric 

concentration of GHGs, in particular carbon dioxide (CO2), has been linked to changes in 

the global climate and adverse impacts on both human and natural systems. In response 

to the challenges posed by climate change, initiatives are being developed to assess and 

abate GHG emissions from anthropogenic sources. 

This report, prepared by SC&A, presents the analysis undertaken to quantify calendar 

year (CY) 2015 GHG emissions from “active” OPIC-supported projects that are 

determined to be “significant” sources of CO2. “Active” projects are defined as all 

insurance contracts in force and all guaranty and direct loans with an outstanding principal 

balance as of September 30, 2016; and “significant” means more than 25,000 short tons 

of carbon dioxide equivalent (CO2e) emitted per year. To account for non-significant 

sources of CO2 in its portfolio (i.e., sources that emit less than 25,000 short tons of CO2e

per year), OPIC adds a “buffer” equal to 5% of the total emissions from “significant” 

sources.

This is OPIC’s ninth annual GHG report, and this is the fourth year that SC&A has 

prepared the report for OPIC. The first five annual GHG reports, including the CY 2007 

Baseline Inventory, were prepared by Pace Global.

BASELINE INVENTORY DEVELOPMENT

In order to assess the GHG emissions from OPIC’s portfolio, a Baseline Inventory of CY 

2007 emissions was completed in March 2009. The list of active projects that served as 

the initial input for the Baseline Inventory is presented in Appendix A. 

In the Baseline Inventory, “significant” GHG sources were defined as active projects 

having a maximum Potential-to-Emit (PTE) of more than 100,000 short tons per year of 

direct CO2e emissions1. Projects exceeding the reporting threshold pertained to the 

energy, oil and gas, transportation, mining, manufacturing, and construction sectors. The 

Baseline Inventory excluded direct biogenic emissions, accidental chemical releases, and 

project construction emissions. Also excluded were indirect emissions related to 

purchased electricity or heat supply (including steam). For that reason, projects in the 

finance, banking, insurance, and service sectors were excluded from the GHG inventory 

boundary, given that their carbon footprint is driven by indirect energy purchases.

To account for non-significant sources of CO2 in the Baseline Inventory (i.e., sources that 

emitted less than 100,000 short tons of CO2e per year), OPIC added a “buffer” equal to 

5% of the total emissions from “significant” sources.

 

1

 For the CY 2007 baseline inventory, “active” projects were defined as all insurance contracts in force and all guaranty and direct 

loans with an outstanding principal balance as of June 30, 2008. For all subsequent inventories, the “active” date was September 

30 of the subsequent year (to coincide with the end of OPIC’s Fiscal Year). To match the EPA’s GHG reporting requirements, OPIC 

lowered the minimum reporting threshold for “significant” projects to 25,000 or more short tons of CO2e per year starting with the 

CY 2009 GHG inventory.
 Page 2 

The maximum PTE was estimated based on best available project information, which 

typically included a combination of fuel consumption data, the amount of electricity 

generated, generating capacity, relative project sizes, and an assumed operating capacity 

of 8,000 hours per year (unless otherwise noted). OPIC solicited feedback from the 

individual project sponsors on methods, assumptions, and operational data to corroborate

the soundness of emission estimates. 

The Baseline Inventory (OPIC 2007) used project sponsor-provided information in cases 

where OPIC received responses to the requests for data. For projects where project 

sponsor feedback was not received, emission estimates were developed based on a 

project’s maximum PTE. 

Revisions to Baseline Inventory

Various Egypt Subsidiaries (Apache)

In the CY 2009 GHG inventory report (OPIC 2009), the original CY 2007 emissions 

baseline was revised up by 1,566,685 short tons CO2e to account for the additional 51%

share of the Various Egypt Subsidiaries (Apache) project, which mistakenly reported its 

emissions in relation to its equity share of the project (49%) for the baseline year. Since

OPIC requires that 100% of emissions be accounted for, regardless of the project 

sponsor’s equity share, the additional project emissions were added to the inventory. The 

discrepancy was rectified and reported in 2009 to ensure consistency with OPIC’s GHG 

accounting methodology. The revised CY 2007 emission baseline was 51,949,178 short 

tons of CO2e.

Latin America Power III Fund 

The Latin American Power III Fund (LP III) is a “blind pool” fund, and the downstream 

investments had not been finalized when OPIC committed to the fund. Therefore, OPIC 

allocated 2,077,500 short tons of CO2e to the LP III Fund in the CY 2007 Baseline 

Inventory (which was equal to the projected PTE from the thermal power projects in the 

LP III pipeline at that time), and subsequent GHG reports. However, in FY 2014, LP III 

became fully invested without having invested in any projects that had a PTE greater than 

25,000 tons of CO2e. Because LP III did not have any projects in its portfolio that 

exceeded OPIC’s GHG reporting threshold, OPIC has decided to remove these allocated 

emissions from this and all previous GHG inventories. After accounting for the correction 

from the Apache Project (see above), and removing the LP III emissions from the Baseline 

Inventory, the revised CY 2007 emissions baseline was 49,767,803 short tons of CO2e.

2008-2012 INVENTORIES

For the CY 2008 GHG inventory (OPIC 2008), Pace Global followed the same process 

as during the Baseline Inventory development. The CY 2008 emission estimates were 

eventually revised up to account for a misallocation of Apache’s GHG emissions, as 

discussed above. The revised CY 2008 GHG emissions total for projects active as of 

September 30, 2009, equaled 32,915,765 short tons of CO2e. The large decrease in 

emissions was primarily the result of a large coal power generation project (Jorf Lastar 

Energy) becoming inactive (due to loan repayment). Removal of this project accounted 

for over 85% of the CO2e reductions. 
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Starting with the CY 2009 GHG inventory, OPIC lowered the minimum reporting threshold 

for “significant” projects from 100,000 to 25,000 short tons of CO2e per year to match the 

EPA’s GHG reporting requirements. Because projects that were previously included in 

the buffer (i.e., projects between 25,000 and 100,000 tpy of CO2e) were now being 

reported, OPIC defined a new buffer to account for projects emitting less than 25,000 tpy 

of CO2e (see page 9 for a detailed explanation). Total CY 2009 GHG emissions for 

projects active as of September 30, 2010, equaled 31,824,461 short tons of CO2e.

Subsequent inventories followed the same inventory development process as for the CY 

2009 GHG inventory. CY 2010 GHG emissions for projects active as of September 30, 

2011, totaled 32,480,195. CY 2011 GHG emissions for projects active as of September 

30, 2012 amounted to 32,047,719 short tons of CO2e, and CY 2012 GHG emissions for 

projects active as of September 30, 2013, totaled 7,970,993 short tons of CO2e.

Emissions decreased significantly in CY 2012 because a large number of reportable 

projects became inactive (due to loan repayment or contract cancellation), including many 

carbon-intensive projects, while only a few reportable projects became active. 

2013 INVENTORY SUMMARY

The CY 2013 GHG inventory followed the same inventory development process as in the 

previous year, with one important exemption; namely, the exclusion of estimated 

emissions for the Latin American Power III Fund (see page 8). Total CY 2013 emissions 

were 7,586,646 short tons of CO2e. 

2014 INVENTORY SUMMARY

For the CY 2014 GHG inventory, SC&A reviewed OPIC financial reports to screen 

projects likely to meet the reporting criteria. Additional scrutiny was given to projects 

previously identified as reportable, as well as new projects to OPIC’s portfolio that were 

active as of September 30, 2015. The outcome of the screening analysis resulted in a 

short list of thirteen (13) projects having a maximum PTE value equal or greater than 

25,000 short tons of CO2e per year. To provide assurance of GHG estimates, OPIC and 

SC&A solicited additional supporting evidence from project sponsors to corroborate GHG 

assertions and assumptions made by individual project sponsors. 

There was one noteworthy modification to the inventory process. OPIC revised the 

procedure for assessing the buffer for additional sources to have a consistent picture of 

potential additional sources across all inventory years (see page 9). This new procedure 

was applied retroactively to all inventory years. 

The CY 2014 GHG inventory also corrected the CY 2013 estimates for CGLOB Astarta 

Zhadanivka Kyiv and Qalaa Holdings based on additional communication with the project 

sponsor. Table 5 presents the corrected CY 2013 estimates for these two projects, as 

well as the updated buffer for additional sources.

The estimated CY 2014 GHG emissions for projects active as of September 30, 2015

amounted to 7,772,851 short tons of CO2e.
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2015 INVENTORY SUMMARY

The CY 2015 GHG inventory followed the same inventory development process as the 

previous year. Regarding emission methods, a revision was made to the fugitive and 

combustion emission factors for the West Africa Gas Pipeline (WAGP) project to 

increase traceability with cited method sources. These emission factors were applied 

retroactively and had the effect of revising down WAGP’s maximum PTE as well as its 

CY 2009 and CY 2010 emission estimates. 

The estimated CY 2015 GHG emissions for projects active as of September 30, 2016

amounted to 7,689,416 short tons of CO2e.
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METHODOLOGY

INVENTORY BOUNDARY

The CY 2015 inventory boundary extends to direct emissions from fossil fuel combustion 

associated with active projects having a maximum PTE over 25,000 short tons of CO2e 

per year. “Active” projects are defined as all insurance contracts in force and all guaranty 

and direct loans with an outstanding principal balance at the end of OPIC’s last fiscal year 

(i.e., September 30, 2016). Excluded from the inventory boundary were direct biogenic

emissions, refrigerant losses, process/chemical releases (e.g., methane from wastewater 

treatment plants), indirect emissions related to purchased electricity or heat supply 

(including steam), and temporary emissions from a project’s construction. 

In order to maintain the original GHG inventory program objectives while addressing 

changing characteristics of new project sponsors, two reporting requirements have been 

added to the inventory boundary. First, the reporting threshold of 25,000 short tons of 

CO2e per year applies to those assets or investment platforms specified in the project 

clearance description as eligible for OPIC funding. Second, for project sponsors with 

assets located in various countries, the reporting threshold of 25,000 short tons of CO2e 

per year is assessed for all assets sharing the same loan identification number. 

INVENTORY STRUCTURE 

The reportable projects included in the CY 2015 GHG inventory are organized into three 

tiers. Tier A projects are fossil fuel-fired, power generation projects that emit more than 

100,000 short tons of CO2e per year. Tier B projects are defined as projects in the oil and 

gas, mining, transportation, manufacturing, construction, or other sectors that have a PTE 

greater than 100,000 short tons of CO2e per year. Tier C projects are those that emit 

between 25,000 and 100,000 short tons of CO2e per year. Additionally, the CY 2015 GHG 

inventory includes an estimate of GHG emissions from projects determined to be below 

the reporting threshold of 25,000 short tons of CO2e denoted as Buffer for Additional 

Sources (see page 9). 

PROJECT SCREENING

SC&A evaluated financial and technical documentation provided by OPIC to identify the 

subset of projects meeting OPIC’s reporting criteria. The review and analysis of this 

documentation was conducted in several steps, as shown in Figure 1. Note that the values 

in parentheses indicate the number of projects assessed in each step of the process for 

a given category.

The starting point for the CY 2015 GHG inventory was a set of financial reports that listed 

637 projects receiving OPIC support in the form of direct investment and guarantees, 

insurance, frameworks, or funds. SC&A consolidated information from these financial 

reports and extracted the set of projects that exhibited a financial exposure and 

disbursement status greater than zero. This first step resulted in a set of 338 entries that 

reflects the pool of active projects for consideration in the current inventory cycle. Active 

CY 2015 projects are listed in Appendix B. The second step consisted of developing a 

consolidated list of active projects by grouping entries sharing a common loan 

identification number into Tier A, Tier B, or “Other” according to their economic sector. 

Entries classified as “Other” were projects in the agriculture, communications, finance, 
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services, and tourism sectors. Third, SC&A developed a priority list of 77 projects by 

removing entries that were determined to be non-reportable in the CY 2014 GHG 

Inventory, as well as excluding projects in the finance, banking, insurance, and service 

sectors, because their emissions are the result of indirect energy purchases (e.g. 

purchased electricity or steam) – activities that fall outside of OPIC’s inventory scope. 

Finally, SC&A performed project-specific GHG assessments to ascertain which projects 

emitted or had a maximum PTE of at least 25,000 short tons of CO2e. The outcome of 

this final step was a short list of 12 entries, which is presented in Table 1 along with 

projects that were deemed reportable in past inventories, but are no longer active (i.e., 

no longer part of OPIC’s portfolio) for this CY 2015 GHG inventory. Table 1 also indicates 

the calendar year when a project first triggered the reporting requirements.

Figure 1. Project Screening Process

DEVELOPMENT OF EMISSION ESTIMATES

SC&A reviewed relevant project-level quantification methodologies adopted in previous 

OPIC reports, and concluded that previous methodologies were consistent with OPIC’s 

GHG reporting policy. Therefore, SC&A utilized emission quantification methodologies 

from prior GHG inventories for many projects listed in Table 1 as Current Reportable 

Projects with a first year of reporting of CY 2011 or earlier. In other cases, SC&A conferred 

with OPIC on suitable emission methodologies that maintained continuity with past GHG 

assessments and could reasonably characterize a project’s activities, scale, and 

complexity. 

For all projects in the CY 2015 short list, SC&A developed project-specific requests for 

information detailing the activity data needed to assess annual GHG emissions. All project 

sponsors provided CY 2015 operational data. 

Active Projects (563)

Consolidated List (Ʃ=338)

• Tier A (70)

• Tier B (61)

• Other (432)

Priority List (Ʃ=77)

• Tier A (13)

• Tier B (30)

• Other (159)

Short List (Ʃ=12)

• Tier A (5)

• Tier B (3)

• Tier C (4)

Financial Reports (637)
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Table 1. Running Project Short List

Source: OPIC and SC&A, Inc.

Tier Project Country Sector

Reporting Year

First Last

Current Reportable Projects

Tier A AES Jordan Jordan Energy – Power CY2007 CY2015

Tier A AES Levant Jordan Energy – Power CY2014 CY2015

Tier A Contour Global – Togo Togo Energy – Power CY2011 CY2015

Tier A Gaza Private Generating PLC Gaza Energy – Power CY2007 CY2015

Tier A Power Finance Trust Ltd. (aka Isagen SA) Colombia Energy – Power CY2007 CY2015

Tier B Pannonia Ethanol Hungary Manufacturing CY2007 CY2015

Tier B Various Egypt Subsidiaries (Apache) Egypt Energy – Oil and Gas CY2007 CY2015

Tier B West African Gas Pipeline Ghana Energy – Oil and Gas CY2007 CY2015

Tier C Aga Khan Hospital and Medical College Pakistan Health Care CY2014 CY2015

Tier C CGLOB Astarta Zhadanivka Kyiv LLC Ukraine Agro-processing CY2007 CY2015

Tier C Joshi Technologies Colombia Energy – Oil and Gas CY2009 CY2015

Tier C Qalaa Holdings (aka Citadel) Egypt Manufacturing CY2007 CY2015

Past Reportable Projects

Tier A Adapazari Elektrik Uretim Turkey Energy – Power CY2007 CY2012

Tier A AES Nigeria Nigeria Energy – Power CY2007 CY2012

Tier A Grenada Electricity Services (WRB) Grenada Energy – Power CY2007 CY2013

Tier A Doga Enerji Turkey Energy – Power CY2007 CY2010

Tier A Gebze Elektrik Uretim Turkey Energy – Power CY2007 CY2011

Tier A Habibullah Coastal Power Pakistan Energy – Power CY2007 CY2008

Tier A Izmir Elektrik Uretim Turkey Energy – Power CY2007 CY2011

Tier A Jorf Lasfar Energy Morocco Energy – Power CY2007 CY2007

Tier A NEPC Consortium Power Bangladesh Energy – Power CY2007 CY2011

Tier A Paiton Energy Indonesia Energy – Power CY2007 CY2011

Tier A Pakistan Water & Power Dev. Authority Pakistan Energy – Power CY2007 CY2010

Tier A Termovalle SCA Colombia Energy – Power CY2007 CY2012

Tier A Trakya Elektrik Uretim ve Ticaret Turkey Energy – Power CY2007 CY2007

Tier B Accroven SRL Venezuela Energy – Oil and Gas CY2007 CY2008

Tier B Baku-Tblisi-Ceyhan Pipeline Azerbaijan Energy – Oil and Gas CY2007 CY2012

Tier B E.P. Interoil Papua New Guinea Energy – Oil and Gas CY2007 CY2011

Tier B Equate Petrochemical Kuwait Energy – Oil and Gas CY2007 CY2008

Tier B Foxtrot International Cote d’Ivoire Energy – Oil and Gas CY2007 CY2011

Tier B Lukoil RPK Vysotsk Russia Energy – Oil and Gas CY2007 CY2014

Tier B Natural Gas Liquids II Nigeria Energy – Oil and Gas CY2007 CY2008

Tier B Wilpro Energy Services (El Furrial) Venezuela Energy – Oil and Gas CY2007 CY2008

Tier B Wilpro Energy Services (Pigap) Venezuela Energy – Oil and Gas CY2007 CY2008

Tier C Dominica Electricity Services Dominican Republic Energy – Oil and Gas CY2009 CY2011

Tier C Jose Lindley Peru Manufacturing CY2009 CY2010
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Tier A – Power Generation Sources

SC&A and OPIC identified five (5) projects in the CY 2015 inventory as active Tier A. In 

general, the maximum PTE for Tier A projects is based on an operating capacity of 8,000 

hours per year (unless otherwise noted), fuel consumption data (where available), the 

projects’ power-generating capacity in megawatts (MW), and/or specific estimates of 

GHG emissions provided by the project sponsor (when available). The preferred method 

relied on emission estimates derived from fuel consumption data. All maximum PTE 

estimates assume an operating capacity of 8,000 hours per year, unless otherwise noted. 

Project-level activity data, as well as reference conversion and emission factors used in 

the assessments of annual GHG emissions, are detailed in Appendix C.

Tier B – Oil & Gas and Other Large Sources

Tier B projects are projects in the oil and gas, mining, transportation, manufacturing, 

construction, or other sectors which have a PTE greater than 100,000 short tons per year. 

SC&A and OPIC identified three (3) projects on the CY 2015 short list as Tier B. Project

emissions were estimated on the basis of production throughput, fuel consumption data, 

and/or GHG emissions data from similar facilities. All maximum PTE estimates assume 

an operating capacity of 8,000 hours per year, unless otherwise noted. Emission factors 

and other industry-relevant metrics were obtained from credible, published information 

sources. Activity data and calculation details are shown in Appendix C. 

Tier C – Smaller Sources

The initial screen for Tier C projects excluded projects already known to exceed 100,000 

short tons of CO2e and projects previously determined to be below the threshold of 25,000 

short tons CO2e. SC&A performed inventory calculations for shortlisted projects based 

on project descriptions and project sponsor-provided information, as well as published 

data and emissions factors. SC&A and OPIC identified four (4) Tier C projects on the CY 

2015 short list. Activity data and calculation details are shown in Appendix C.

Latin America Power III Fund

As discussed earlier (see page 2), because the Latin American Power III Fund (LP III) did 

not have any projects in its portfolio that exceeded OPIC’s GHG reporting threshold at 

the time the fund became fully invested, the allocated emissions for LP III (2,077,500 tpy 

of CO2e) were not carried over to new editions of the GHG inventory starting with FY 2014 

(CY 2013 emissions). Additionally, in the CY 2013 report, OPIC retroactively removed the 

LP III allocation from the FY 2008-2013 inventories.
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Buffer for Additional Sources

The OPIC GHG inventory assesses emissions from projects that exceed the reporting 

threshold of 25,000 short tons of CO2e. It is plausible that a number of projects do not 

exceed 25,000 short tons of CO2e annually, but may still have a sizeable contribution to 

OPIC’s carbon footprint. To maintain a conservative estimate of emissions from nonreportable projects, OPIC applies a buffer based on emissions from reportable projects

in a given year. 

For the CY 2007 and CY 2008 inventories, the buffer for additional sources was calculated 

as 5% of the sum of Tier A and Tier B emissions (i.e., projects with annual emissions over 

100,000 short tons of CO2e). For the CY 2009 to CY 2013 inventories, the buffer for 

additional sources was defined such that the sum of Tier C emissions and the buffer 

would always equal 5% of Tier A and B emissions combined.

Change in Buffer Calculation

Starting with the CY 2014 inventory, the buffer for additional sources is calculated as 5% 

of all reportable projects (i.e., Tier A, B and C emissions combined). In the CY 2014 report, 

OPIC applied this calculation retroactively to emissions reported in CY 2009 – CY 2013 

to have a consistent picture of potential additional sources across all inventory years. This 

change does not have a significant impact on the reported emissions during these years, 

and is a more conservative estimate than the previous method.
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RESULTS

OPIC’s CY 2015 GHG inventory is an estimated 7,689,416 short tons CO2e. In CY 

2015, no new projects with significant GHG emissions became operational; however, 

one project dropped out of OPIC’s portfolio due to loan repayment, that is, Lukoil RPK 

Vysotsk (Tier B), that involved the construction and operation of a crude oil and 

petroleum terminal. Total portfolio emissions decreased slightly by 1% or 83,435 short 

tons CO2e relative to CY 2014. 

Figure 2 presents the GHG emission and project count trend for OPIC’s inventories 

from CY 2007 to CY 2015. 

Figure 2. OPIC Active Portfolio GHG Emissions, Calendar Years 2007 – 2015

The technical profile of projects deemed reportable since the inception of OPIC’s GHG 

inventory is represented in Table 2. Emission inventory details starting with the base year 

and culminating with the 2015 GHG inventory are presented in Tables 3 through 5. Tables 

3, 4 and 5 present emissions from Tier A, Tier B and Tier C projects respectively. Table 

6 summarizes GHG emissions of OPIC’s entire portfolio, including emissions associated 

with potentially unaccounted sources (i.e., Buffer of Additional Sources).
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Table 2. Technical Profile of OPIC's Historical Portfolio

Project Name Description Capacity / Throughput Fuel Type

Accroven SRL NGL Facility 800 mmscf/day Natural Gas

Adapazari Elektrik Uretim Combined Cycle 777 MW Natural Gas

AES Jordan Combined Cycle 370 MW Natural Gas & Diesel

AES Levant Engine-Based Power Generation 240 MW Heavy Fuel Oil & Natural Gas

AES Nigeria Engine-Based Power Generation 270 MW Natural Gas

Aga Khan Hospital & Medical College Power Plant, Boilers 4.8 MW Natural Gas

Baku-Tblisi-Ceyhan Pipeline Crude Oil Pipeline 1.2 million barrels/day Natural Gas & Diesel

CGLOB Astarta Zhadanivka Kyiv LLC Agriculture - Natural Gas & Coal

Contour Global - Togo Engine-Based Power Generation 100 MW Fuel Oil & Natural Gas

Doga Enerji Combined Cycle 180 MW Natural Gas

Dominica Electric Services Power Generation - Diesel

E.P. Interoil Crude Oil Refinery 32,500 barrels/day Crude Oil Refinery

Equate Petrochemical Petrochemical Facility 1540 MMBtu/hour Natural Gas

Foxtrot International Gas Extraction & Pipeline 100 mmscf/day Natural Gas

Gaza Private Generating PLC Combined Cycle 136.4 MW Natural Gas

Gebze Elektrik Uretim Combined Cycle 1554 MW Natural Gas

Grenada Electricity Services (WRB) Engine-Based Power Generation 18 MW Diesel

Habibullah Coastal Power Combined Cycle 140 MW Natural Gas

Izmir Elektrik Uretim Combined Cycle 1554 MW Natural Gas

Jorf Lasfar Energy Steam Boiler 1356 MW Coal

Jose Lindley Manufacturing - Natural Gas

Joshi Technologies / Parko Services Oil & Gas - Gas & Diesel

Lukoil RPK Vysotsk Oil & Petroleum Export Terminal 6.8 million metric tons/year Fuel Oil

Natural Gas Liquids II Financing NGL Facility 19.5 mmscf/day Natural Gas

NEPC Consortium Power Engine-Based Power Generation 313,105 MMBtu Natural Gas & Fuel Oil

Paiton Energy Steam Boiler 1220 MW Coal

Pakistan Water & Power Authority Combined Cycle 150 MW Natural Gas

Pannonia Ethanol Ethanol Production 240 million liters Natural Gas

Power Finance Trust (aka Isagen) Combined Cycle 300 MW Natural Gas

Qalaa Holdings (aka Citadel) Manufacturing - Natural Gas

Termovalle SCA Combined Cycle 205 MW Natural Gas

Trakya Elektrik Uretim Combined Cycle 478 MW Natural Gas

Various Egypt Subsidiaries (Apache) Oil & Gas Extraction & Processing 29,934,702 bbl/year

89,910 mmscf/year

Oil & Natural Gas

West Africa Gas Pipeline Gas Compression & Transmission 190 mmscf/day Natural Gas

Wilpro Energy Services (El Furrial) Gas Compression 60 MW Natural Gas

Wilpro Energy Services (Pigap) Gas Compression 100 MW Natural Gas
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Table 3. Tier A Historical Project Emissions (Short Tons CO2e)

Project Name Location Maximum PTE

FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016

CY2007 

Baseline

CY2008 

Emissions

CY2009 

Emissions

CY2010 

Emissions

CY2011 

Emissions

CY2012 

Emissions

CY2013 

Emissions

CY2014 

Emissions

CY2015 

Emissions

Adapazari Elektrik 

Uretim Turkey 2,706,499 2,106,754 2,106,754 2,441,657 2,426,053 2,309,241 R/C R/C R/C R/C

AES Jordan [2] Jordan 1,545,173 N/A 590,940 1,318,130 1,434,569 1,184,010 936,400 1,514,054 1,203,945 949,925

AES Levant Jordan 1,409,533 N/A N/A N/A N/A N/A N/A N/A 467,262 685,110

AES Nigeria Nigeria 1,603,307 1,166,398 1,341,157 988,271 949,754 949,754 949,754 R/C R/C R/C

Contour Global - Togo Togo 587,305 N/A N/A N/A Below 

Threshold 46,561 126,192 161,830 55,467 210,901

Doga Enerji Turkey 816,057 740,762 740,762 672,014 655,981 R/C R/C R/C R/C R/C

Gaza Private 

Generating PLC Gaza 481,485 293,804 303,535 325,926 228,627 405,262 Below Threshold 161,215 193,406 253,808

Gebze Elektrik Uretim Turkey 5,412,998 4,121,923 4,121,923 4,794,979 4,833,330 4,535,511 R/C R/C R/C R/C

Grenada Electricity 

Services Grenada 141,127 [1] 114,571 121,156 141,127 135,237 134,371 131,206 130,221 R/C R/C

Habibullah Coastal 

Power Pakistan 487,658 447,880 447,880 R/C R/C R/C R/C R/C R/C R/C

Izmir Elektrik Uretim Turkey 5,412,998 4,694,380 4,694,380 4,300,376 4,739,787 4,824,511 R/C R/C R/C R/C

Jorf Lasfar Energy Morocco 14,268,496 14,268,496 R/C R/C R/C R/C R/C R/C R/C R/C

NEPC Consortium 

Power Bangladesh 383,159 245,795 343,581 255,734 297,068 297,068 R/C R/C R/C R/C

Paiton Energy Indonesia 10,045,869 [1] 9,553,044 9,553,044 9,624,125 9,854,076 10,045,869 R/C R/C R/C R/C

Pakistan Water & 

Power Authority [3] Pakistan 522,490 522,490 522,490 283,937 283,937 R/C R/C R/C R/C R/C

Power Finance Trust

(aka Isagen) Colombia 980,011 [1] 203,010 Below Threshold 300,706 305,181 305,181 305,181 775,357 980,011 963,992

Termovalle SCA [4] Colombia 714,070 Below 

Threshold

Below 

Threshold 223,983 223,983 Below Threshold R/C R/C R/C R/C

Trakya Elektrik Uretim Turkey 1,818,912 1,747,956 R/C R/C R/C R/C R/C R/C R/C R/C

NOTE: “N/A” indicates that a project was not yet active in the OPIC Portfolio during that year, and “R/C” indicates that the project was either repayed (loan or guarantee) or cancelled

(insurance) prior to the cutoff date for that year. 

[1] Maximum PTE was calculated on the basis of a project’s maximum operating capacity. When maximum operating capacity could not be properly determined, the maximum PTE was 

set equal to the highest annual emission level assessed in this or prior OPIC GHG inventories.

[2] Sharp emission increase due to ramped-up energy production from 10,103,603 MMBtu in CY 2007 to 22,536,748 MMBtu in CY 2008.

[3] CY 2009 emissions are significantly lower due to fewer reported operating hours.

[4] CY 2009 emissions are significantly higher due to increased reported operating hours.
 Page 13 

Table 4. Tier B Historical Project Emissions (Short Tons CO2e)

Project Name Location Maximum 

PTE

FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016

CY2007 

Baseline

CY2008 

Emissions

CY2009 

Emissions

CY2010 

Emissions

CY2011 

Emissions

CY2012 

Emissions

CY2013 

Emissions

CY2014 

Emissions

CY2015 

Emissions

Accroven SRL Venezuela 998,677 998,677 445,832 R/C R/C R/C R/C R/C R/C R/C

Baku-Tblisi-Ceyhan Pipeline Azerbaijan 787,577 [1] 707,672 707,672 787,577 723,214 671,605 584,200 R/C R/C R/C

E.P. Interoil Papua New 

Guinea 802,469 392,296 103,247 79,709 75,928 74,985 R/C R/C R/C R/C

Equate Petrochemical Kuwait 720,573 720,573 680,311 R/C R/C R/C R/C R/C R/C R/C

Foxtrot International [2] Cote d'Ivoire 104,484 [1] 104,484 104,484 104,484 Below Threshold 27,746 R/C R/C R/C R/C

Lukoil RPK Vysotsk [3] Russia 107,184 70,767 70,767 76,339 97,117 91,143 92,696 95,070 99,423 R/C

Natural Gas Liquids II 

Financing Nigeria 390,806 244,048 244,048 R/C R/C R/C R/C R/C R/C R/C

Pannonia Ethanol Hungary 113,785 [1] N/A N/A N/A N/A N/A 64,244 93,251 101,474 113,785

Various Egypt Subsidiaries 

(Apache) [4] Egypt 4,438,554 [1] 3,071,932 3,244,189 3,294,654 3,465,842 4,438,554 4,178,447 4,056,437 4,012,346 3,891,093

West Africa Gas Pipeline Ghana 189,800 N/A N/A 189,800 70,925 86,617 86,617 86,617 86,617 68,281

Wilpro Energy Services (El 

Furrial) Venezuela 289,106 289,106 289,106 R/C R/C R/C R/C R/C R/C R/C

Wilpro Energy Services 

(Pigap) Venezuela 571,090 [1] 571,090 571,090 R/C R/C R/C R/C R/C R/C R/C

NOTE: “N/A” indicates that a project was not yet active in the OPIC Portfolio during that year, and “R/C” indicates that the project was either repayed (loan or guarantee) or cancelled

(insurance) prior to the cutoff date for that year. 

[1] Maximum PTE was calculated on the basis of a project’s maximum operating capacity. When maximum operating capacity could not be properly determined, the maximum PTE was 

set equal to the highest annual emission level assessed in this or prior OPIC GHG inventories.

[2] Foxtrot maximum PTE corresponds to the peak emissions year when the project was active. In 2010, Foxtrot operated for a minimal period of time and thus had corresponding GHG 

emissions below the established threshold.

[3] Lukoil has the Potential-to-Emit over 100,000 tons CO2 annually, although emissions have been reported below this level to date.

[4] In 2007 and 2008, Apache reported their emissions in relation to their equity share of the project (49%). OPIC accounts 100% of a project’s emissions regardless of equity share. As 

a result, emissions data for 2007 and 2008 were revised up to conform to OPIC standards. 
 Page 14 

Table 5. Tier C Historical Project Emissions (Short Tons CO2e)

Project Name Location Description Maximum 

PTE

FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016

CY2009 

Emissions

CY2010 

Emissions

CY2011

Emissions

CY2012

Emissions

CY2013

Emissions

CY2014

Emissions

CY2015

Emissions

Aga Khan Hospital & Medical 

College Pakistan Health Care 72,965 N/A N/A N/A N/A N/A 25,064 28,653

CGLOB Astarta Zhadanivka Kyiv Ukraine Agriculture 38,404 [1] N/A N/A Below Threshold 36,886 25,470 38,404 32,202

Dominica Electric Services Dominican 

Republic 

Power 

Generation 50,084 [1] 50,084 50,084 50,084 R/C R/C R/C R/C

Jose Lindley Peru Manufacturing 25,000 [1] 25,000 25,000 R/C R/C R/C R/C R/C

Joshi Technologies / Parko 

Services Colombia Oil & Gas 91,861 [1] 30,398 57,826 43,564 52,894 73,685 91,861 91,224

Qalaa Holdings (aka Citadel) Egypt Manufacturing 105,821 N/A N/A N/A 46,707 52,169 47,437 34,279

NOTE: “N/A” indicates that a project was not yet active in the OPIC Portfolio during that year, and “R/C” indicates that the project was either repayed (loan or guarantee) or cancelled

(insurance) prior to the cutoff date for that year. 

[1] Maximum PTE was calculated on the basis of a project’s maximum operating capacity. When maximum operating capacity could not be determined, the maximum PTE was set equal 

to the highest annual emission level assessed in this or prior OPIC GHG inventories.
 Page 15 

Table 6. Summary of OPIC Historical Portfolio Emissions (Short Tons CO2e)

FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016

Inventory Item CY2007 

Baseline

CY2008 

Emissions

CY2009 

Emissions

CY2010 

Emissions

CY2011 

Emissions

CY2012 

Emissions

CY2013 

Emissions

CY2014 

Emissions

CY2015 

Emissions

Tier A 40,227,263 24,887,602 25,670,965 26,367,582 25,037,339 2,453,314 2,742,677 2,900,090 3,063,735

Tier B 7,170,645 6,460,746 4,532,563 4,433,027 5,390,650 5,006,203 4,331,375 4,299,859 4,073,160

Tier C NQ [3] NQ [3] 105,482 132,910 93,648 136,486 151,325 202,766 186,358

Tier A, B, C Subtotal 47,397,908 31,348,348 30,309,010 30,933,519 30,521,637 7,596,003 7,225,377 7,402,715 7,323,253

Latin America Power III Fund [1] 0 0 0 0 0 0 0 0 0

5% Buffer for Additional Sources [2] 2,369,895 1,567,417 1,515,451 1,546,676 1,526,082 379,800 361,269 370,136 366,163

TOTAL: 49,767,803 32,915,765 31,824,461 32,480,195 32,047,719 7,970,993 7,586,646 7,772,851 7,689,416

[1] Per agreement between Latin American Power III and OPIC, the Fund agreed to “not make an investment in a Portfolio Company if after such investment, the assets and 

operations of all Portfolio Companies then held by the Fund would emit (in the aggregate and on a calendar-year basis) in excess of 2,077,500 short tons CO2 as calculated in 

accordance with the IPCC”. In FY 2014, OPIC determined that the Fund would not invest in any power-generating projects; therefore, the allocation for the Latin American Power III 

Fund was not included in the FY 2014 inventory and subsequent inventories. To ensure the reported emissions are accurate, OPIC retroactively removed this allocation from the FY 

2008-2013 inventories.

[2] For the CY 2007 Baseline and CY 2008 inventories, the buffer was calculated as 5% of all reportable projects (i.e., those projects that emitted more than 100,000 short tons per 

year of CO2e). For the original CY 2010, CY 2011, CY 2012, and CY 2013 emissions, the buffer was calculated so that the buffer plus projects that emitted between 25,000 and 

100,000 short tons of CO2e was equal to 5% of emissions from projects that emitted more than 100,000 short tons of CO2e. Starting with the CY 2014 inventory, the buffer for 

additional sources was calculated as 5% of reportable projects (i.e., Tier A, B and C emissions combined). OPIC applied this calculation retroactively to the buffer for CY 2009 – CY 

2013, which resulted in an increase in the buffer, and a subsequent increase in reported emissions of between 0.3% and 2.3%.

[3] Not quantified during that year.
Page 16 

APPENDIX A – 2007 ACTIVE PROJECTS

This table lists projects active as of June 30, 2008 that were screened during the 2007 

GHG inventory development process.

PROJECT NAME COUNTRY SECTOR

FINANCE

TB-ANDREW & WILLIAMSON FRESH PRODUCE MEXICO AGRI

FLAMA DE ORO S.A. GUATEMALA AGRI

FLAMA DE ORO, S.A. GUATEMALA AGRI

BESCH INT’L, INC/SAN MARTIN FARMS CIA. LTDA. ECUADOR AGRI

BRUCH SIDE FARMS AGROPECUARIA DO BRAZIL LTDA BRAZIL AGRI

EL SALADERO UY S.R.L. URUGUAY AGRI

DMITROV DAIRY FARMS, CJSC RUSSIA AGRI

ROTA INTERNATIONAL EXPORTING, LLC. GUINEA-BISSAU AGRI

LA FUTURA, S.A. GUATEMALA AGRI

WBC-FORESTRADE, INC LATIN AMERICA REGIONAL AGRI

WBC-SOUTHERN VALLEY FRUIT & VEGETABLE, INC. MEXICO AGRI

WBC-MARICULTURA DEL NORTE, S.DE R.L. DE C.V. MEXICO AGRI

CSA-REY BANANO DEL PACIFICO C.A. ECUADOR AGRI

LEAWOOD INVESTMENTS INC/BARRIEFIELD LLC COLOMBIA AGRI

CELLCOM TELECOMMUNICATIONS INC. LIBERIA COMM

SABLE-CELLCOM TELECOMMUNICATIONS INC LIBERIA COMM

RURALFONE, INC. BRAZIL COMM

ZAO STAR NETWORKS RUSSIA COMM

CAFR-MIC TANZANIA LIMITED (TZS) TANZANIA COMM

CAFR-MIC TANZANIA LIMITED (USD) TANZANIA COMM

CASIA-PACIFIC BANGLADESH TELECOM LIMITED BANGLADESH COMM

CPAK-PAKISTAN MOBILE COMMUNICATION(PMCL) PAKISTAN COMM

AGROTERMINAL LTD. RUSSIA CONS

ATLANTIC GROUP (UGANDA) LTD. UGANDA CONS

CUSTOMIZED CONSTRUCTION, INC. AFGHANISTAN CONS

INTERNATIONAL DEVELOPMENT TRUST IRAQ IRAQ CONS

ROUMEL DEVELOPMENT CORPORATION 2 BOSNIA-HERZEGOVINA CONS

INTERNATIONAL VILLAGE SH.P.K. KOSOVO CONS

GHP(HONDURAS)LLC/GLOBAL HOUSING DEVELOPMENT HONDURAS CONS

MASKAN, INC. (TRANCHE A) AFGHANISTAN CONS

AFCO-KANDAHAR VALLEY, LLC AFGHANISTAN CONS

ROUMEL DEVELOPMENT CORPORATION BOSNIA-HERZEGOVINA CONS

JOPA VILLAS, LLC KENYA CONS

AMEBRASIL CONSTRUCOES LIMITADA BRAZIL CONS

WBC-MONOLITHIC HOUSING S.A. MEXICO CONS

SIGMA INTERNATIONAL CONSTRUCTION LLC. IRAQ CONS

CENTRAL EAST AFRICA RAILWAYS COMPANY LIMITED MALAWI CONS

CONDOMINIOS RIVERSIDE ETAPA II, S.A. COSTA RICA CONS

SOUTH AFRICA FINANCING ENTERPRISE SOUTH AFRICA CONS

VISTAS BELIZE LTD BELIZE CONS

CORREDOR DE DESENVOLVIMENTO DO NORTE S.A.R.L MOZAMBIQUE CONS

SOCIEDAD CONCESIONARIA VESPUCIO NORTE EXPRES CHILE CONS

EMERGENCY LIQUIDITY FACILITY, L.P. LATIN AMERICA REGIONAL FIN

AEGIS INVESTMENT COMPANY ALL OPIC COUNTRIES FIN

CITIBANK, N.A.(RUSSIA/CIS LENDING FACILITY) NIS REGIONAL FIN

MIDDLE EAST INVESTMENT INITIATIVE,INC. GAZA FIN

CITIBANK, N.A.(PAKISTAN ON LENDING FACILITY) PAKISTAN FIN

HONDURAS HOMES, S.A. HONDURAS FIN

AFGHAN GROWTH FINANCE LLC AFGHANISTAN FIN

BANCO DE CREDITO CENTROAMERICANO, S.A. NICARAGUA FIN

BANCO DE CREDITO CENTROAMERICANO, S.A. NICARAGUA FIN

BANCO LAFISE HONDURAS, S.A. HONDURAS FIN

CMFI-K-REP BANK KENYA FIN

FIRST MORTGAGE COMPANY UCO, LLC ARMENIA FIN

HFA ZAMBIA LIMITED ZAMBIA FIN

INTER-MAC INTERNATIONAL, INC. HONDURAS FIN

IRAQ MIDDLE MARKET DEVELOPMENT FOUNDATION IRAQ FIN
Page 17 

PROJECT NAME COUNTRY SECTOR

MIDDLE EAST INVESTMENT INITIATIVE, INC. GAZA FIN

NHCAPSTONE HOLDING GROUP LIMITED LEBANON FIN

RUSSIAN ASSET MBS, S.A. RUSSIA FIN

TAMEER MICROFINANCE BANK LIMITED PAKISTAN FIN

THE COOPERATIVE HOUSING FOUNDATION LEBANON LEBANON FIN

W3-BANCO FINANCIERO DEL PERU PERU FIN

W3-RIZAL COMMERCIAL BANKING CORP PHILIPPINES FIN

W3-SEKERBANK A.S. TURKEY FIN

MEII-AL RAFAH BANK WEST BANK FIN

MEII-BANK OF PALESTINE WEST BANK FIN

COUNTERPART INTERNATIONAL, INC. PHILIPPINES FIN

CMFI-TAMWEELCOM JORDAN FIN

THE COOPERATIVE HOUSING FOUNDATION MEXICO FIN

CALVERT SOCIAL INVESTMENT FOUNDATION ALL OPIC COUNTRIES FIN

CMFI-FINANCIERA SOLIDARIA (FINSOL) HONDURAS FIN

CMFI-UGANDA FINANCE TRUST UGANDA FIN

CMFI-PRIDE UGANDA UGANDA FIN

CMFI-CENTER FOR AGRICULTURE & RURAL DEVELOP PHILIPPINES FIN

LIBERIAN ENTERPRISE DEVELOPMENT FINANCE CO. LIBERIA FIN

CMFI-UGANDA MICROFINANCE LIMITED UGANDA FIN

CONSERVATION INTERNATIONAL FOUNDATION ALL OPIC COUNTRIES FIN

NCB-DENIZBANK PURPOSE B TURKEY FIN

CMFI-APOYO INTEGRAL, S.A. DE C.V. EL SALVADOR FIN

CMFI-FUNDACION INTEGRAL COMUNITARIA (FINCA) MEXICO FIN

BANCO LAFISE HONDURAS, S.A. HONDURAS FIN

WBC-RABITABANK OJSC AZERBAIJAN FIN

THE COOPERATIVE HOUSING FOUNDATION ROMANIA FIN

SOA KREDIT NON-BANKING CREDIT ORGANIZATI LLC AZERBAIJAN FIN

THE COOPERATIVE HOUSING FOUNDATION ROMANIA FIN

MICROFINANCE SECURITIES XXEB SA JUNIOR ALL OPIC COUNTRIES FIN

PROCREDIT, S.A. MOLDOVA FIN

NCB-NBD BANK, JOINT-STOCK COMPANY RUSSIA FIN

CMFI-KAZMICROFINANCE LLC KAZAKHSTAN FIN

RKU FRANCHISING LIMITED RUSSIA FIN

W2-FINANSBANK A.S. TURKEY FIN

GLOBAL PARTNERSHIPS MICROFINANCE FUND2006LLC LATIN AMERICA REGIONAL FIN

CPAK2-KASHF FOUNDATION PAKISTAN FIN

PROCREDIT BANK (TRANCHE 2) UKRAINE FIN

W2-ANADOLUBANK TURKEY FIN

W2-AYSA FINANS TURKEY FIN

CHF/L-FRANSABANK S.A.L. LEBANON FIN

BANCO LAFISE, S.A. (TRANCHE 3) COSTA RICA FIN

BANCO DE CREDITO CENTROAMERICANO, S.A. NICARAGUA FIN

WBC-GEORGIAN LEASING COMPANY, LLC GEORGIA FIN

CSI LATINA FINANCIAL, INC. MEXICO FIN

GREENWICH FINANCIAL SERVICES, L.L.C. RUSSIA FIN

MICROFINANCE SECURITIES XXEB SA SENIOR ALL OPIC COUNTRIES FIN

EMERGING MARKETS CONSULTING (PRIVATE) LTD. PAKISTAN FIN

IRAQ MIDDLE MARKET DEVELOPMENT FOUNDATION IRAQ FIN

WBC-NBD BANK RUSSIA FIN

CHF/L-JAMAL TRUST BANK S.A.L. LEBANON FIN

WBC-OJSC COMMERCIAL BANK “SDM-BANK” RUSSIA FIN

CASIA-LANKA ORIX LEASING COMPANY LTD. SRI LANKA FIN

SOA KREDIT NON-BANKING CREDIT ORGANIZATI LLC AZERBAIJAN FIN

W3-CREDICORP BANK, S.A. PANAMA FIN

NCB-DENIZBANK A. TURKEY FIN

GHANA HOME LOANS (FUND 1) LIMITED GHANA FIN

W2-BANK CENTERCREDIT KAZAKHSTAN FIN

WBC-ZAO DELTALEASING RUSSIA FIN

WBC-BANK OF GEORGIA GEORGIA FIN

WBC-INDEPENDENT LEASING, LLC RUSSIA FIN

WBC-SOTSYALNIY GORODSKOY BANK (SOTSGORBANK) RUSSIA FIN

BANCO LAFISE S.A. COSTA RICA FIN

W-BANCO FINANCIERA COMERCIAL HONDURENA HONDURAS FIN

PROCREDIT BANK UKRAINE FIN
Page 18 

PROJECT NAME COUNTRY SECTOR

MICROFINANCE SECURITIES XXEB SA MEZZANINE ALL OPIC COUNTRIES FIN

W2-FIRST INVESTMENT BANK BULGARIA BULGARIA FIN

W2-TEKSTIL BANKASI, A.S. TURKEY FIN

UMBRALCAPITAL, S.A.P.I. DE C.V. MEXICO FIN

NCB2 –OYAK BANK A.S. TURKEY FIN

NCB2-TURK EKONOMI BANKASI A.S.(T.E.B.) TURKEY FIN

NCB2-BANK ASYA KATALIM, A.S. TURKEY FIN

W-FIRST INVESTMENT BANK BULGARIA FIN

CSA-BANCO REGIONAL, S.A. PARAGUAY FIN

NCB-OJSC SIBACADEMBANK RUSSIA FIN

CCA2-BANCA PROMERICA, S.A. COSTA RICA FIN

CCA2-BANCO IMPROSA, S.A. COSTA RICA FIN

CCA2-BANCO MERCANTIL, S.A. HONDURAS FIN

SMALL BUSINESS CREDIT BANK (TRANCHE A) RUSSIA FIN

SMALL BUSINESS CREDIT BANK (TRANCHE B) RUSSIA FIN

CSA-BANCO PROCREDIT ECUADOR ECUADOR FIN

NCB3-LOCKO BANK RUSSIA FIN

NCB3-TRANSCAPITAL BANK JSC RUSSIA FIN

W2-BANCO DEL PAIS, S.A. HONDURAS FIN

W2-PROBUSINESSBANK RUSSIA FIN

W3-BANCO PINE, S.A. BRAZIL FIN

W3-BANCO REFORMADOR, S.A. GUATEMALA FIN

CASIA-BRAC BANGLADESH FIN

CASIA-SKS MICROFINANCE PRIVATE LTD. INDIA FIN

CHOUS-BANCO DE LA PRODUCCION S.A. NICARAGUA FIN

NCB3-BANCO PINE S.A. BRAZIL FIN

W2-ALLIANCE BANK KAZAKHSTAN FIN

NCB3-CENTER-INVEST BANK JSC RUSSIA FIN

CPAK-ORIX LEASING PAKISTAN LIMITED PAKISTAN FIN

CLEB-BANQUE LIBANO-FRANCAISE S.A.L. LEBANON FIN

BAN-CREDITO INMOBILARIO S.A. DE C.V. MEXICO FIN

BANCO LAFISE, S.A. (TRANCHE 2) COSTA RICA FIN

NCB2-BANCO MERCANTIL DO BRASIL S.A. BRAZIL FIN

W2-SIBACADEMBANK RUSSIA FIN

W2-TURK EKONOMI BANK TURKEY FIN

CLOSED JOINT STOCK COMPANY DELTALEASING RUSSIA FIN

NCB3-ROSEUROBANK RUSSIA FIN

INTERNATIONAL MORTGAGE BANK UKRAINE FIN

NCB2-TURK EKONOMI BANKASI A.S. PURPOSE B TURKEY FIN

W-OYAK BANK TURKEY FIN

W3-TURKIYE GARANTI BANKASI AS TURKEY FIN

NCB3-BANK CENTER CREDIT JSC KAZAKHSTAN FIN

CNIS-JSC KAZKOMMERTSBANK KAZAKHSTAN FIN

CNIS-JSC HALYK BANK KAZAKHSTAN FIN

CHOUS-BANCO FINANCIERA COMMERCIAL HONDURENA HONDURAS FIN

NCB2 –BANK TURAN ALEM KAZAKHSTAN FIN

W2-OYAK BANK A.S. TURKEY FIN

NCB2-JSC PROMSVYAZBANK RUSSIA FIN

W2-BANCO ATLANTIDA HONDURAS FIN

PROCREDIT HOLDING A.G. ALL OPIC COUNTRIES FIN

W2-JSC BANK TURAN ALEM KAZAKHSTAN FIN

IRAQ MIDDLE MARKET DEVELOPMENT FOUNDATION IRAQ FIN

W2-AKBANK T.A.S. TURKEY FIN

ZAO EUROPLAN RUSSIA FIN

CHOUS-BANRURAL S.A. GUATEMALA FIN

CLEB2-BANK AUDI SAL-AUDI SARADAR GROUP LEBANON FIN

NCB3-ALLIANCE BANK JSC KAZAKHSTAN FIN

NCB3-ATF BANK JSC KAZAKHSTAN FIN

REFORMA BLN-BACKED I MEXICO FIN

CLEB-BANKMED S.A.L. LEBANON FIN

CLEB-BYBLOS BANK S.A.L. LEBANON FIN

BLUEORCHARD MICROFINANCE SECURITIES I LLC ALL OPIC COUNTRIES FIN

TRADE BANK OF IRAQ IRAQ FIN

ZAO COMMERCIAL BANK DELTACREDIT RUSSIA FIN

ZAO EUROPLAN RUSSIA FIN
Page 19 

PROJECT NAME COUNTRY SECTOR

HOUSING FOR HIV, INC. SOUTH AFRICA FIN

PT. PADI MURNI INDONESIA INDONESIA MFR

ELLICOTT DREDGES IRAQ, LLC IRAQ MFR

NAMGEM TRADING BVI LIMITED NAMIBIA MFR

PALCO SP.ZO.O. POLAND MFR

TB-WISENBAKER BUILDING SERVICES, LTD. BRAZIL MFR

ZAO SOLNTSE MEXICO RUSSIA MFR

PURPLE RHINO IMPORTS, INC. SOUTH AFRICA MFR

NATURA BEVERAGE LLC CAMEROON MFR

DESARROLLO DE RIO PACORA SA PANAMA MFR

DESARROLLO DE RIO PACORA SA PANAMA MFR

GOLDEN CYPRESS WATER CO. LTD. PHILIPPINES MFR

ZAO NUMOTECH-SPEKTR RUSSIA MFR

RAYMOND DE VENEZUELA, C.A. VENEZUELA MFR

WESTSTAR PRECISION, INC. COSTA RICA MFR

NATURA BEVERAGE, LLC CAMEROON MFR

MAGNUM MACHINING INCORPORATED MEXICO MFR

QWO JOINT STOCK COMPANY AFGHANISTAN MFR

ADOBERIA SAHEL, S.A. MALI MFR

V G ENTERPRISES, INC. RUSSIA MFR

CASAMAR MAURITIUS, LTD./CASAMAR INDIAN OCEAN MAURITIUS MFR

SERVICIO GRAFICOS QUIPUS BOLIVIA MFR

BAKU OIL TOOLS, LTD. AZERBAIJAN MFR

DOMES INTERNATIONAL, INC. ASIA REGIONAL MFR

SAFI APPAREL CORPORATION AFGHANISTAN MFR

CAMAS GHANA INC. GHANA MFR

CPAK2-ENGRO VOPAK TERMINAL LTD PAKISTAN MFR

NUMOTECH, INC. RUSSIA MFR

AFRICAN-AMERICAN TRADING COMPANY, INC. GHANA MFR

RAYMOND DE VENEZUELA, C.A. VENEZUELA MFR

PRODUCTORA DE PAPELES SA (SUBORDINATED DEBT) COLOMBIA MFR

WBC-PREFERRED BRANDS INTERNATIONAL, LLC INDIA MFR

ZAO NYPRO RUSSIA MFR

SWEETWATER PAKISTAN (PRIVATE) LIMITED PAKISTAN MFR

QWO JOINT STOCK COMPANY AFGHANISTAN MFR

ACAI DO AMAPA AGROINDUSTRIAL LTDA. BRAZIL MFR

SANTE GMT PRODUCTS LTD. GEORGIA MFR

WBC-PREFERRED BRANDS INTERNATIONAL, LLC INDIA MFR

LAGRAY CHEMICAL COMPANY LTD GHANA MFR

MOUNTAIN PASTURES HOLDINGS LLC AFGHANISTAN MFR

WBC-INTERFARMA TIBBI MALZEMELER SANAYI VE TI TURKEY MFR

CSA-CORPORACION JOSE R. LINDLEY, SA-2 PERU MFR

WBC-CORPORATIVO PAPELERO Y DE SUMINISTROS BA MEXICO MFR

GOLDEN SIERRA PARTNERS, LLC ESTONIA MFR

WBC-DELTA PLASTIK ENDUSTRISI A.S. TURKEY MFR

WBC-KELLY GRAINS CORPORATION S.R.L. MOLDOVA MFR

ABI GROUP LTD. AFGHANISTAN MFR

WBC-SFC ENTEGRE ORMAN URUNLERI SANAYI VE TIC TURKEY MFR

WBC-JSC POLIGRAF LAND RUSSIA MFR

PREFABRICADOS Y MODULARES DE MONTERREY(PYMM) MEXICO MFR

PHYTO-RIKER PHARMACEUTICALS LTD. GHANA MFR

CPAK-LUCKY CEMENT LIMITED PAKISTAN MFR

PRODUCTORA DE PAPELES SA (PROPAL) COLOMBIA MFR

CPAK-D.G.KHAN CEMENT COMPANY LIMITED PAKISTAN MFR

CAFR-MIDDLE EAST COMPLEX FOR ENGINEERING JORDAN MFR

CSA-CORPORACION JOSE R. LINDLEY, S.A. PERU MFR

COMPANIA MINERA PIMENTON SA CHILE MINE

BRAZILIAN EMERALDS,INC. BRAZIL MINE

ADVANCED CENTRAL GAS COMPANY LIMITED JORDAN OIL

BRAVO ENERGY MEXICO SRL DE CV MEXICO OIL

PARKO SERVICES, S.A. COLOMBIA OIL

BRAVO ENERGY ARGENTINA SCA ARGENTINA OIL

PT. TUCAN PUMPCO SERVICES INDONESIA INDONESIA OIL

JOSHI TECHNOLOGIES INTERNATIONAL, INC. COLOMBIA OIL

BRAVO ENERGY MEXICO SRL DE CV MEXICO OIL
Page 20 

PROJECT NAME COUNTRY SECTOR

GOLDHAM PTY LTD.T/A KALAHARI GAS CORPORATION BOTSWANA OIL

E.P. INTEROIL, LTD. PAPUA NEW GUINEA OIL

RPK-VYSOTSK “LUKOIL-II” RUSSIA OIL

WILPRO ENERGY SERVICES (PIGAP II) LTD. VENEZUELA OIL

WILPRO ENERGY SERVICES (EL FURRIAL) LIMITED VENEZUELA OIL

ACCROVEN SRL VENEZUELA OIL

NATURAL GAS LIQUIDS (II) FINANCING COMPANY NIGERIA OIL

MATH HYDRO POWER (PVT) LTD. SRI LANKA POWER

E+CO, INC. HONDURAS POWER

TRIANGLE GENERAL CONTRACTORS, INC. KOSOVO POWER

AES JORDAN PSC JORDAN POWER

PAITON ENERGY COMPANY INDONESIA POWER

JORF LASFAR ENERGY COMPANY MOROCCO POWER

ADAPAZARI ELEKTRIK URETIM LTD. SIRKETI TURKEY POWER

TRAKYA ELEKTRIK TURKEY POWER

NEPC CONSORTIUM POWER LTD.(HARIPUR) BANGLADESH POWER

DOGA ENERJI TURKEY POWER

IZMIR ELEKTRIK URETIM LTD SIRKETI TURKEY POWER

GEBZE ELEKTRIK URETIM LTD SIRKETI TURKEY POWER

TERMOBARRANQUILLA, S.A. COLOMBIA POWER

PAITON ENERGY COMPANY INDONESIA POWER

AMERICAN WOOL-CASHMERE, INC. AFGHANISTAN SVC

INTERCOMP CJSC RUSSIA SVC

SUMMIT ASSOCIATES, LTD. AFGHANISTAN SVC

DEXTER SAFETY & INDUSTRIAL PRODUCTS, INC. MEXICO SVC

RAPID MAIL COMPANY LIMITED BELIZE SVC

GILBERTO J.M.GONZALEZ/DBA/FERRETERIA MORALES NICARAGUA SVC

GLOBAL DESIGN, S.A. PANAMA SVC

PRINCETON HEALTHCARE BRAZIL SVC

INSTITUTO CULINARIO SANTA LUCIA,S.A. NICARAGUA SVC

IBS HOLDINGS, LLC AFGHANISTAN SVC

SUBWAY RUSSIA, LLC RUSSIA SVC

LIVING WATER INTERNATIONAL KENYA SVC

ADMINISTRADORA DE INVERSIONES PEGGY, S.A. GUATEMALA SVC

ABAMEDIA, L.P.(TRANCHE A) RUSSIA SVC

MEDPHARM, INC. ETHIOPIA SVC

S&N PUMP AFRICA, LDA ANGOLA SVC

GEOSURVEY INTERNATIONAL LLC KENYA SVC

THREE PAPAS, INC. RUSSIA SVC

QSI INTERNATIONAL SCHOOL OF TBILISI GEORGIA SVC

NH SERVICOS DE SINALIZACAO LTDA. BRAZIL SVC

INTERNATIONAL COMMUNITY SCHOOL LIMITED GHANA SVC

ISTANBUL INTERNATIONAL COMMUNITY SCHOOL (B) TURKEY SVC

MAJESTIC GROUP KOREA, LTD. KOREA (SOUTH) SVC

TIS LTD. UZBEKISTAN SVC

INTERNET GABON, SA GABON SVC

AMERICAN EMBASSY SCHOOL OF LUSAKA ZAMBIA SVC

THREE PAPAS, LLC RUSSIA SVC

WESTWOOD INTERNATIONAL SCHOOL BOTSWANA SVC

WBC-ZAO AIRES RUSSIA SVC

WINNER GROUP UKRAINE, INC. UKRAINE SVC

AMERICAN INTERNATIONAL SCHOOL SYSTEMS, INC. PAKISTAN SVC

WBC-VALLARTA VISION Y MISION A.C. MEXICO SVC

AMERICAN WOOL-CASHMERE, INC. AFGHANISTAN SVC

RB-AMERICAN COOPERATIVE SCHOOL OF TUNIS TUNISIA SVC

SALVATIERRA DESARROLLOS URBANOS, S.A. DE C.V MEXICO SVC

AMERICAN INTERNATIONAL SCHOOL OF ABUJA NIGERIA SVC

WBC-COMERCIAL LAEISZ, S.A. DE C.V. HONDURAS SVC

NEW YORK PIZZA CO. LTD. RUSSIA SVC

ISTANBUL INTERNATIONAL COMMUNITY SCHOOL,INC. TURKEY SVC

WBC-ZAO AIRES RUSSIA SVC

WBC-ATLANTIC GROUP LIMITED UKRAINE SVC

CNIS-IKEA RUSSIA SVC

FIXED RATE FUNDING & LIQUIDITY LTD (HWD SPA) ALGERIA SVC

TAYL INVESTORS GROUP LIMITED AFGHANISTAN TOUR
Page 21 

PROJECT NAME COUNTRY SECTOR

MONGOLIAN RESORTS XXK MONGOLIA TOUR

MALIKA HOTEL BUKHARA, LLC UZBEKISTAN TOUR

DESARROLLOS DE LOS SUENOS, S.A. ARGENTINA TOUR

MERCURY INVESTMENTS LIMITADA MOZAMBIQUE TOUR

GAMETRACKERS MANAGEMENT LTD (NYATI LODGE) MOZAMBIQUE TOUR

HERMITAGE HOSPITALITY FRANCHISING LIMITED RUSSIA TOUR

M/N BUTLER MIMARLAR ARASTIRMA TASARI LTD. TURKEY TOUR

COMPANIA GENERAL DE COMERCIO E INDUSTRIA SA ARGENTINA TOUR

SOM OTELCILIK VE TURIZM TICARET A.S. TURKEY TOUR

TANRUSS INVESTMENT LTD TANZANIA TOUR

TANRUSS INVESTMENT LTD TANZANIA TOUR

ARMENIA HOTEL COMPLEX CLOSED JSC ARMENIA TOUR

JOINT STOCK COMPANY HOTEL TBILISI GEORGIA TOUR

IZMIR INTERNATIONAL HOTEL AS TURKEY TOUR

SOM OTELCILIK VE TURIZM TICARET A.S. TURKEY TOUR

MORUMBY HOTEIS LTDA. BRAZIL TOUR

AMERICAN MONOLITH LTD GEORGIA TRAN

RED CARRETERAS DE OCCIDENTE, S. DE RL DE CV MEXICO TRAN

TRANSNATIONAL AUTOMOTIVE GROUP-CAMEROON S.A. CAMEROON TRAN

PACIFIC SUBSEA SAIPAN 2 THAILAND TRAN

PACIFIC SUBSEA SAIPAN 3 THAILAND TRAN

PACIFIC SUBSEA SAIPAN, INC. THAILAND TRAN

DAYSTAR AIRWAYS LTD (DBA NEVIS EXPRESS) ST. CHRISTOPHER & NEVIS TRAN

DAYSTAR AIRWAYS ST. CHRISTOPHER & NEVIS TRAN

NORTH AMERICAN FLOAT PLANE SERVICE SAC PERU TRAN

LODOM SP.ZO.O-FACILITY B POLAND TRAN

PACIFIC INTERNATIONAL HOLDINGS, INC. GEORGIA TRAN

CORPORACION QUIPORT S.A. ECUADOR TRAN

TARSIAN & BLINKLEY LLC AFGHANISTAN N/A

ABC.R.O., INC EUROPE/EURASIA N/A

MASKAN, INC. (Tranche B) AFGHANISTAN N/A

BESCH INT’L, INC/SAN MARTIN FARMS CIA. LTDA. ECUADOR N/A

GLOBAL RAILROAD LEASING, LLC BRAZIL N/A

LIVING WATER INTERNATIONAL KENYA N/A

BAGRAM FRUIT PACKING COMPANY AFGHANISTAN N/A

GAMA LTD GEORGIA N/A

SPORTS INTERNATIONAL BILKENT FITNESS VE SPOR TURKEY N/A

BRAZILIAN EMERALDS,INC. BRAZIL N/A

COMPANIA GENERAL DE COMERCIO E INDUSTRIA SA ARGENTINA N/A

BIURO PROJEKTOWANIA SYSTEMOW CYFROWYCH S.A. POLAND N/A

BAJA TRANSPORTATION/BAJA SALT EL SALVADOR N/A

DARA SALAM REAL ESTATE DEVELOPERS GHANA N/A

UNIGESTION HOLDING S.A. (digicel Haiti) HAITI N/A

WEND-REY RESTAURANTS LTD MEXICO N/A

GLOBAL RAILROAD LEASING, LLC BRAZIL N/A

FARO DE AQUA SA DE C.V. MEXICO N/A

ASIAN CREDIT FUND CREDIT COOP LLC KAZAKHSTAN N/A

OOO AIR STRUCTURES AMERICAN TECHNOLOGIES RUSSIA N/A

V-TRAC HOLDINGS Ltd VIETNAM N/A

SHORE OVERSEAS AZERBAIJAN AZERBAIJAN N/A

THE POWERSOURCE GROUP LLC PHILIPPINES N/A

XTREME CINEMAS, SRL De C.V./iehc, Inc MEXICO N/A

CLOSED JOINT STOCK COMPANY shvydko-ukraine 2 UKRAINE N/A

LEMNA DE MEXICO S.A. De C.V. MEXICO N/A

CLOSED JOINT STOCK COMPANY shvydko-ukraine 1 UKRAINE N/A

CENTURY 21 RUSSIA RUSSIA N/A

PAKISTAN MORTGAGE GUARANTY TRUST PAKISTAN N/A

GAME VIEWERS LTD / GAME TRACKERS (21hana21na)ltd BOTSWANA N/A

TIGER MACHINERY COMPANY LLC RUSSIA N/A

INTERNATIONAL VILLAGE PRISTINA KOSOVO N/A

MICROFINANCE INTERNATIONAL CORPORATION LATIN AMERICA REGIONAL N/A

CNIS-OJSC RG BRANDS KAZAKHSTAN N/A

DEAMAR NIGERIA LLC NIGERIA N/A

TEKFENBANK TURKEY N/A

XTREME CINEMAS S.DE RI/XTREME DEL PONIENTE MEXICO N/A
Page 22 

PROJECT NAME COUNTRY SECTOR

BANCO UNO SA PANAMA N/A

BAN-FINANCIERA COMPARTAMOS S.A. MEXICO N/A

GLOBAL RAILROAD LEASING, LLC BRAZIL N/A

MEDYCYNA RODZINNA S.A. POLAND N/A

AFGHANISTAN RENEWAL FUND, LTD AFGHANISTAN N/A

ZAO MS-SPETSTELEKOM RUSSIA N/A

RIO VERDE, S.A. NICARAGUA N/A

ZAO ASTON RUSSIA N/A

GUATEMALA MORTGAGE CORPORATION GUATEMALA N/A

SIRIUS WIRELESS, LTD NIGERIA N/A

WBC-NEWCOM LTD LATIN AMERICA REGIONAL N/A

DODSON-LINDBLOM HYDRO POWER PRIVATE LTD INDIA N/A

NCB2-FINANSBANK A.S. TURKEY N/A

CAFR-MILLICOM GHANA LTD GHANA N/A

TECNOQUAT S.A. GUATEMALA N/A

ABSOLUT BANK RUSSIA N/A

CITIBANK N.A. (al-mansour automotive co) EGYPT N/A

CNIS-OAO NIZHEKAMSKNEFTEKHIM (nknk) RUSSIA N/A

TAVL LIMITED (hyatt regency 22hana) AFGHANISTAN N/A

DENIZBANK ISTANBUL TURKEY N/A

LKI, INTERNATIONAL NAMIBIA N/A

CE LUZON GEOTHERMAL POWER CO PHILIPPINES N/A

HIDROELECTRICA RIO HONDO S.A. GUATEMALA N/A

PUERTO QUETZAL POWER LLC GUATEMALA N/A

EMPRESA DE TELECOMMUNICATIONS NUEVATEL SA BOLIVIA N/A

IRAQ MIDDLE MARKET FACILITY – Tranche B IRAQ N/A

CMS ENSENADA S.A. ARGENTINA N/A

LIMA AIRPORT PARTNERS S.R.L PERU N/A

LIVING WATER INTERNATIONAL (22hana) GHANA N/A

TNT PRODUCTIONS INTERNATIONAL INC KAZAKHSTAN N/A

INFINITY NICARAGUA N/A

FOURSAN JORDAN N/A

CEMACO GUATEMALA N/A

MILLICOM (CITIBANK) TANZANIA N/A

WBC-ICS PRIME CAPITAL MOLDOVA N/A

BANK POSITIF KREDIT TURKEY N/A

AL-QUDS BANK WEST BANK N/A

INDEPENDENT LEASING LLC RUSSIA N/A

CMFI (CITIBANK) PHILIPPINES PHILIPPINES N/A

STACK GROUP – SAFE DATA SERVICES RUSSIA N/A

SANGHVI MOTORS INDIA N/A

INSURANCE

INVERSIONES AGROPECUARIAS, S.A. NICARAGUA AGRI

FARMER GEORGE LIMITED GHANA AGRI

GRANTON SAFARIS CC SOUTH AFRICA AGRI

BAGRAM FRUIT PACKING COMPANY AFGHANISTAN AGRI

FINCA LA CRUZ ARGENTINA AGRI

MINISTRY OF WATER RESOURCES IRAQ AGRI

BAGRAM FRUIT PACKING COMPANY AFGHANISTAN AGRI

INTERNATIONAL FOUNDATION OF HOPE AFGHANISTAN AGRI

EL SALADERO, UY SRL URUGUAY AGRI

SEMINOLE S.A. NICARAGUA AGRI

SIBERIAN FARMS L.L.C. RUSSIA AGRI

FINCA CALLE LARGA, CALLE LARGE VIEJA ARGENTINA AGRI

EL SALADERO, UY SRL URUGUAY AGRI

N/A GUINEA-BISSAU AGRI

BEST VALUE ZAMBIA LIMITED ZAMBIA AGRI

ZAO VG ENTERPRISES INC RUSSIA AGRI

DESARROLLO INDUSTRIAL BIOACUATICO SA (DIBSA) ECUADOR AGRI

CAMANICA SA NICARAGUA AGRI

VIETNAMNET MEDIA JOINT STOCK COMPANY VIETNAM COMM

MINISTRY OF INTERIOR AFFAIRS OF THE REPUBLIC OF SERBIA SERBIA COMM

BRASIL TELECOM, S.A. BRAZIL COMM

KATEL JOINT VENTURE KYRGYZ REPUBLIC COMM

TECONVI SA BRAZIL COMM
Page 23 

PROJECT NAME COUNTRY SECTOR

MINISTRY OF INTERIOR MACEDONIA COMM

VEN WORLD TELECOM CA VENEZUELA COMM

RURALFONE DO BRASIL, LTDA. BRAZIL COMM

RURALFONE DO BRASIL, LTDA. BRAZIL COMM

RURALFONE DO BRASIL, LTDA. BRAZIL COMM

RURALFONE DO BRASIL, LTDA. BRAZIL COMM

RURALFONE DO BRASIL, LTDA. BRAZIL COMM

RURALFONE DO BRASIL, LTDA. BRAZIL COMM

AXS BOLIVIA S.A. BOLIVIA COMM

NETMASTER COMMUNICATIONS S.R.L. ROMANIA COMM

CAICOS TELEVISION HOLDINGS LTD. TURKS & CAICOS ISLANDS COMM

VIETNAMNET MEDIA JOINT STOCK COMPANY VIETNAM COMM

AFCO – KANDAHAR VALLEY, LLC AFGHANISTAN CONS

MUTUAL VENTURES LIMITED TANZANIA CONS

ADMINISTRADORA DE INVERSIONES PEGGY, S.A. GUATEMALA CONS

S.C. EMPIRE TOWER S.R.L. ROMANIA CONS

OPEN JOINT STOCK COMPANY TERMINAL RUSSIA CONS

SOUTHERN COASTAL PROPERTIES NICARAGUA, S.A., C/O FERNANDO NICARAGUA CONS

MINISTRY OF WATER RESOURCES IRAQ CONS

MINISTRY OF FINANCE OF THE DEMOCRATIC REPUBLIC OF CONGO CONGO CONS

MINISTRY OF FINANCE OF THE DEMOCRATIC REPUBLIC OF CONGO CONGO CONS

ARC CONSTRUCTION COMPANY, LLC AFGHANISTAN CONS

ENTERPRISE HOMES TANZANIA LIMITED, C/O ISHENGOMA, MASHA TANZANIA CONS

GLOBAL HOUSING DEVELOPMENT, S.A. HONDURAS CONS

GENERAL DIRECTORATE OF HIGHWAYS TURKEY CONS

AMERICAN INTERNATIONAL SCHOOL OF ABUJA NIGERIA CONS

MINISTRY OF FINANCE OF THE DEMOCRATIC REPUBLIC OF CONGO CONGO CONS

ALTERRA PARTNERS LLC PERU CONS

NA KENYA CONS

HRVATSKE AUTOCESTE DOO CROATIA CONS

AMERICAN INTERNATIONAL SCHOOL OF ABUJA NIGERIA CONS

FINANCIERA TFC, S.A. PERU FIN

OOO MORGAN STANLEY BANK RUSSIA FIN

BANCO DE CREDITO CENTROAMERICANO, S.A. NICARAGUA FIN

MORGAN STANLEY DO BRASIL LTDA. BRAZIL FIN

HSBC BANK OF BRAZIL SA – BANCO MULTIPLO BRAZIL FIN

NATIONAL ROAD OPERATING & CONSTRUCTION CO JAMAICA FIN

PROFICIO D.D. CROATIA FIN

GHANA HOME LOANS (FUND I) LIMITED GHANA FIN

KOMPANION FINANCIAL GROUP KYRGYZ REPUBLIC FIN

HONDURAS HOMES, S.A. HONDURAS FIN

KOMPANION FINANCIAL GROUP KYRGYZ REPUBLIC FIN

ASYA KATILIM BANKASI A.S. TURKEY FIN

BANCO PINE BRAZIL FIN

MERODENT ZIMBABWE (PVT.) LTD. ZIMBABWE MFR

MINISTRY OF WATER RESOURCES IRAQ MFR

NATIONWIDE GROUP OF COMPANIES, INC. LIBERIA MFR

MERODENT ZIMBABWE (PVT.) LTD. ZIMBABWE MFR

NATURA BEVERAGE SARL CAMEROON MFR

MINISTRY OF WATER RESOURCES IRAQ MFR

ZAO “ISP OPTICS, SAINT-PETERSBURG” RUSSIA MFR

MERODENT ZIMBABWE (PVT.) LTD. ZIMBABWE MFR

MINISTRY OF WATER RESOURCES IRAQ MFR

MINISTRY OF WATER RESOURCES IRAQ MFR

A. STUCKI – RAIL UKRAINE MFR

NOT APPLICABLE AFGHANISTAN MFR

MERODENT ZIMBABWE (PVT.) LTD. ZIMBABWE MFR

A. STUCKI RAIL UKRAINE MFR

A. STUCKI – RAIL UKRAINE MFR

SORWATHE S.A.R.L. RWANDA MFR

ACAI DO AMAPA AGROINDUSTRIAL LTDA. BRAZIL MFR

INSTRUM-RAND RUSSIA MFR

AFGHANISTAN NATURAL BEVERAGES AFGHANISTAN MFR

MINOTERIE DU CONGO, S.A. CONGO MFR

AFGHANISTAN BEVERAGE INDUSTRIES (ABI GROUP, LIMITED) AFGHANISTAN MFR
Page 24 

PROJECT NAME COUNTRY SECTOR

GOLDEN CYPRESS WATER CO., LTD/MRS ALMERA GUBA-GOULD PHILIPPINES MFR

GOLDEN CYPRESS WATER CO., LTD/MRS ALMERA GUBA-GOULD PHILIPPINES MFR

ZAO ISP OPTICS ST. PETERSBURG RUSSIA MFR

DOMES INTERNATIONAL INC – INDIA MANUFACTURING DIVISION INDIA MFR

CUIRS HAWTAN S.A. HAITI MFR

ISP OPTICS SANKT PETERSBURG RUSSIA MFR

KIMBERLY-CLARK PERU SA PERU MFR

KIMBERLY-CLARK COSTA RICA COSTA RICA MFR

COLOMBIANA KIMBERLY SA COLOMBIA MFR

MOLINOS DEL ECUADOR CA ECUADOR MFR

ANTARCTICA EMPREENDIMENTOS E PARTICIPACOES LTDA. BRAZIL MFR

PSI DO BRASIL SERVICIOS DE SEGURANCA LTDA BRAZIL MFR

ABI GROUP LTD. AFGHANISTAN MFR

AFRITRACK ANGOLA LDA ANGOLA MFR

KWABA – SOCIEDADE INDUSTRIAL E COMERCIAL, S.A.R.L. ANGOLA MFR

LES MOULINS D’HAITI S.E.M. HAITI MFR

LES MOULINS D’HAITI S.E.M. (LMH) HAITI MFR

INSTRUM-RAND RUSSIA MFR

LESOTHO FLOUR MILLS LIMITED LESOTHO MFR

MINOTERIE DE MATADI, S.A.R.L. CONGO, DEM. REPUBLIC OF MFR

MINOTERIE DU CONGO, S.A. CONGO MFR

MOBEIRA, SARL MOZAMBIQUE MFR

MINOTERIE DE MATADI, S.A.R.L. CONGO, DEM. REPUBLIC OF MFR

PAKISTAN WATER AND POWER DEVELOPMENT AUTHORITY (“WAPDA”) PAKISTAN MFR

PAKISTAN WATER AND POWER DEVELOPMENT AUTHORITY (“WAPDA”) PAKISTAN MFR

KIMBERLY-CLARK VIETNAM CO., LTD. VIETNAM MFR

NATIONAL MILLING COMPANY LIMITED ZAMBIA MFR

COCA-COLA NIGERIA LIMITED NIGERIA MFR

EQUATE PETROCHEMICAL COMPANY K.S.C. (CLOSED) KUWAIT MFR

COLOMBIANA UNIVERSAL DE PAPELES SA COLOMBIA MFR

AFRITRACK ANGOLA LDA ANGOLA MFR

PT CABOT CHEMICAL INDONESIA MFR

KIMBERLY-CLARK THAILAND LIMITED THAILAND MFR

COLOMBIANA KIMBERLY COLPAPEL SA COLOMBIA MFR

KIMBERLY-CLARK PHILLIPINES INC PHILIPPINES MFR

MAKSAN MANISA MESRUBAT KUTULAMA SANAYI AS TURKEY MFR

WHITE STAR USA RUSSIA MINE

SECTOR RESOURCES, LTD. BRANCH COLOMBIA MINE

EMPRESA MINERA MANQUIRI S.A. BOLIVIA MINE

SOCIEDAD MINERA CERRO VERDE, S.A.A. PERU MINE

WHITE STAR USA RUSSIA MINE

N/A NICARAGUA OIL

MKJ EXPLORACIONES INTERNACIONALES, S.A. NICARAGUA OIL

MKJ EXPLORACIONES INTERNACIONALES, S.A. NICARAGUA OIL

N/A NICARAGUA OIL

PT TUCAN PUMPCO SERVICES INDONESIA INDONESIA OIL

WEST AFRICAN GAS PIPELINE COMPANY LIMITED BENIN OIL

WEST AFRICAN GAS PIPELINE COMPANY LIMITED TOGO OIL

BAKU OIL TOOLS LTD AZERBAIJAN OIL

MKJ EXPLORACIONES INTERNACIONALES, S.A. NICARAGUA OIL

FOXTROT INTERNATIONAL LDC COTE DIVOIRE OIL

WEST AFRICAN GAS PIPELINE COMPANY LIMITED GHANA OIL

VARIOUS APACHE EGYPT CONCESSION SUBSIDIARIES EGYPT OIL

THE BAKU-TBILISI-CEYHAN PIPELINE COMPANY AZERBAIJAN OIL

N/A EGYPT OIL

PERFORACIONES WESTERN, CA VENEZUELA OIL

PRIDE FORASOL SAS CHAD OIL

ISRAEL ELECTRIC CORPORATION LTD ISRAEL OIL

ZETA GAS DE CENTRO AMERICA S.A. GUATEMALA OIL

PHILIPPINES POWER

DV TECHNOLOGIES D.O.O. BELGRADE SERBIA POWER

DV TECHNOLOGIES D.O.O. BELGRADE SERBIA POWER

SEP ENERGY INDIA PVT. LTD. INDIA POWER

SEP ENERGY PVT. LTD. INDIA POWER

KHOZNER HPP KOSOVO POWER
Page 25 

PROJECT NAME COUNTRY SECTOR

MATH HYDRO POWER (PVT) LIMITED SRI LANKA POWER

PUERTO CABEZAS POWER S.A. NICARAGUA POWER

P.H. RIO VOLCAN,S.A. COSTA RICA POWER

DOMINICA ELECTRICITY SERVICES LTD. (“DOMLEC”) DOMINICA POWER

TERMOVALLE S.C.A. .E.S.P. COLOMBIA POWER

FABMIK CONSTRUCTION & EQUIPMENT CO INC PHILIPPINES POWER

TIPITAPA POWER COMPANY LTD. NICARAGUA POWER

GAZA POWER GENERATING PRIVATE LIMITED COMPANY GAZA POWER

KIDWELL INTERNATIONAL POWER VIETNAM COMPANY LIMITED VIETNAM POWER

GRENADA ELECTRICITY SERVICES LIMITED GRENADA POWER

HABIBULLAH COASTAL POWER (PRIVATE) COMPANY PAKISTAN POWER

CONTOURGLOBAL TOGO S.A. TOGO POWER

CE CASECNAN WATER AND ENERGY COMPANY, INC. PHILIPPINES POWER

GAZA POWER GENERATING PRIVATE LIMITED COMPANY GAZA POWER

P.H. DON PEDRO, S.A. COSTA RICA POWER

DOGA ENERJI URETIM SANAYI VE TICARET L.S. TURKEY POWER

P.H. RIO VOLCAN, S.A. COSTA RICA POWER

TERMOVALLE S.C.A. E.S.P. COLOMBIA POWER

CE CASECNAN WATER AND ENERGY COMPANY, INC. PHILIPPINES POWER

TERMOBARRANQUILLA S.A., EMPRESA DE SERVICIOS PUBLICOS COLOMBIA POWER

AES NIGERIA BARGE LIMITED NIGERIA POWER

NATIONAL POWER CORPORATION (“NAPOCOR”) PHILIPPINES POWER

THE NATIONAL POWER CORPORATION PHILIPPINES POWER

BHOTE KOSHI PRIVATE COMPANY PVT LTD NEPAL POWER

TIPITAPA POWER COMPANY LTD. NICARAGUA POWER

PT ENERGI SENGKANG INDONESIA POWER

CBK POWER COMPANY LIMITED PHILIPPINES POWER

TURBOVEN MARACAY COMPANY VENEZUELA POWER

TURBOVEN CAGUA COMPANY VENEZUELA POWER

ISAGAN SA ESP COLOMBIA POWER

THE AMERICAN COOPERATIVE SCHOOL OF TUNISIA TUNISIA SVC

N/A LEBANON SVC

KHUDAIRI TRADING COMPANY LTD. IRAQ SVC

UNIVERSAL STAR CO. UKRAINE SVC

N/A UKRAINE SVC

HILL ESTATES LIMITED, P.O. BOX 31617 ZAMBIA SVC

AMERICAN UNIVERSITY OF BEIRUT LEBANON SVC

N/A LEBANON SVC

TOTAL ARTEFACTOS S.A. PERU SVC

SAMARA OBLAST RUSSIA SVC

MINISTRY OF HEALTH OF SAMARA OBLAST RUSSIA SVC

HERCULES LIFTBOAT COMPANY NIGERIA LIMITED NIGERIA SVC

NA IRAQ SVC

COMPEXPO HUNGARY SVC

RELIEF INTERNATIONAL BRANCH OFFICE AFGHANISTAN SVC

RELIEF INTERNATIONAL BRANCH OFFICE PAKISTAN SVC

RELIEF INTERNATIONAL BRANCH OFFICE BANGLADESH SVC

RELIEF INTERNATIONAL BRANCH OFFICES JORDAN SVC

RELIEF INTERNATIONAL BRANCH OFFICE TAJIKISTAN SVC

RELIEF INTERNATIONAL BRANCH OFFICE INDONESIA SVC

THE ASIA FOUNDATION MONGOLIA SVC

THE ASIA FOUNDATION EAST TIMOR SVC

THE ASIA FOUNDATION FIJI SVC

INTERNATIONAL RESCUE COMMITTEE COLOMBIA SVC

THE INTERNATIONAL RESCUE COMMITTEE JORDAN SVC

INTERNATIONAL RESCUE COMMITTEE NEPAL SVC

DIRECTORATE GENERAL PROCUREMENT PAKISTAN SVC

THE ASIA FOUNDATION BANGLADESH SVC

RELIEF INTERNATIONAL BRANCH OFFICES SRI LANKA SVC

GILBERTO JUAN MORALES GONZALEZ, D/B/A FERRETERIA MORALES NICARAGUA SVC

THE ASIA FOUNDATION SRI LANKA SVC

THE ASIA FOUNDATION PAKISTAN SVC

RELIEF INTERNATIONAL BRANCH OFFICE AZERBAIJAN SVC

RELIEF INTERNATIONAL BRANCH OFFICE SOMALIA SVC

RELIEF INTERNATIONAL HEBRON CENTER OF EXCELLENCE WEST BANK SVC
Page 26 

PROJECT NAME COUNTRY SECTOR

RELIEF INTERNATIONAL BRANCH OFFICES LEBANON SVC

THE ASIA FOUNDATION VIETNAM SVC

THE ASIA FOUNDATION CAMBODIA SVC

INTERNATIONAL RESCUE COMMITTEE, INC. – BRANCH OFFICES CHAD SVC

THE ASIA FOUNDATION NEPAL SVC

THE ASIA FOUNDATION PHILIPPINES SVC

THE ASIA FOUNDATION BRANCH OFFICES THAILAND SVC

INTERNATIONAL RESCUE COMMITTEE – ERITREA ERITREA SVC

INTERNATIONAL RESCUE COMMITTEE, INC. BRANCH OFFICES CENTRAL AFRICAN REPUBLIC SVC

THE ASIA FOUNDATION KOREA (SOUTH) SVC

INTERNATIONAL COMMUNITY SCHOOL, LIMITED GHANA SVC

IRC BRANCH OFFICE THAILAND SVC

INTERNATIONAL RESCUE COMMITTEE, INC. AZERBAIJAN SVC

INTERNATIONAL RESCUE COMMITTEE, INC. BOSNIA-HERZEGOVINA SVC

INTERNATIONAL RESCUE COMMITTEE, INC. CONGO SVC

ASIA FOUNDATION AFGHANISTAN SVC

JL. ADITYAWARMAN INDONESIA SVC

COLITE NICARAGUA S.A. NICARAGUA SVC

INTERNATIONAL RESCUE COMMITTEE, INC. RUSSIA SVC

INTERNATIONAL RESCUE COMMITTEE, INC. RWANDA SVC

GOVERNMENT OF ANTIGUA AND BARBUDA ANTIGUA & BARBUDA SVC

INTERNATIONAL RESCUE COMMITTEE – KENYA KENYA SVC

INTERNATIONAL RESCUE COMMITTEE – BRANCH OFFICES ETHIOPIA SVC

S&N PUMP AFRICA LDA ANGOLA SVC

INTERNATIONAL RESCUE COMMITTEE, INC. – GUINEA GUINEA SVC

INTERNATIONAL RESCUE COMMITTEE – PAKISTAN PAKISTAN SVC

UNION “QSI INTERNATIONAL SCHOOL OF TBILISI” GEORGIA SVC

INTERNATIONAL RESCUE COMMITTEE, INC. – BRANCH OFFICES UGANDA SVC

RIO VERDE WATER CONSORTIUM, INC. PHILIPPINES SVC

AMERICAN COOPERATIVE SCHOOL OF TUNIS (ACST) ASSOCIATION TUNISIA SVC

COLITE EL SALVADOR S.A., C/O RUSCONI - EL SALVADOR SVC

SWEETWATER PAKISTAN (PRIVATE) LTD. PAKISTAN SVC

INTERNATIONAL RESCUE COMMITTEE LIBERIA SVC

INTERNATIONAL RESCUE COMMITTEE – JAKARTA INDONESIA SVC

INTERNATIONAL RESCUE COMMITTEE, INC. BRANCH OFFICES TANZANIA SVC

TASHKENT INTERNATIONAL SCHOOL UZBEKISTAN SVC

INTERNATIONAL RESCUE COMMITTEE BURUNDI SVC

COLITE COSTA RICA, S.A. COSTA RICA SVC

COLITE GUATEMALA, S.A. GUATEMALA SVC

INTERNATIONAL RESCUE COMMITTEE, INC. AFGHANISTAN SVC

INTERNATIONAL RESCUE COMMITTEE, INC. – BRANCH OFFICES SIERRA LEONE SVC

WADE RAIN DE MEXICO, S. DE R.L. DE C.V. MEXICO SVC

COLITE PANAMA, S.A. PANAMA SVC

COLITE HONDURAS, S.A. HONDURAS SVC

INTERNATIONAL RESCUE COMMITTEE, INC. BRANCH OFFICES CONGO, DEM. REPUBLIC OF SVC

AMERICAN INTERNATIONAL SCHOOL SYSTEM PRIVATE LIMITED PAKISTAN SVC

COLITE PANAMA, S.A. PANAMA SVC

COLITE EL SALVADOR SA EL SALVADOR SVC

COLITE HONDURAS, S.A. HONDURAS SVC

COLITE NICARAGUA S.A. NICARAGUA SVC

INTERNATIONAL BUSINESS SERVICES AFGHANISTAN SVC

KABUL MASKAN COMPANY LTD (KMC) AFGHANISTAN SVC

GEORGIAN LEASING COMPANY LTD GEORGIA SVC

INTERNATIONAL RESCUE COMMITTEE INC JORDAN SVC

GEORGIAN LEASING COMPANY LTD GEORGIA SVC

PRINCETON HEALTHCARE DO BRAZIL LTD BRAZIL SVC

MEDPHARM INC ETHIOPIA SVC

FABMIK CONSTRUCTION & EQUIPMENT CO INC PHILIPPINES SVC

LEMNA DE MEXICO, SA DE CV MEXICO SVC

HERCULES LIFTBOAT COMPANY NIGERIA LIMITED NIGERIA SVC

COMPANIA GENERAL DE COMERCIO E INDUSTRIA S.A. ARGENTINA TOUR

JOINT VENTURE ITALKYR CJSC KYRGYZ REPUBLIC TOUR

ARMENIA HOTEL COMPLEX CLOSED JOINT STOCK COMPANY ARMENIA TOUR

SEVEN HILLS INTERNATIONAL HOTEL, TOURISM & TRADE A.S. TURKEY TOUR

TAYL LIMITED AFGHANISTAN TOUR
Page 27 

PROJECT NAME COUNTRY SECTOR

JOINT VENTURE ITALKYR CJSC KYRGYZ REPUBLIC TOUR

M/N BUTLER MIMARLAR ARASTIRMA TASARI VE YAPI LTD. STI. TURKEY TOUR

M/N BUTLER MIMARLAR ARASTIRMA TASARI VE YAPI LTD. STI. TURKEY TOUR

MALIKA BARIKHASI, LLC/MALIKA HOTEL BUKHARA UZBEKISTAN TOUR

M/N BUTLER MIMARLAR ARASTIRMA TASARI VE YAPI LTD. STI. TURKEY TOUR

KHIVA MALIKASI, LLC UZBEKISTAN TOUR

SEMINOLE S.A. NICARAGUA TOUR

MALIKA BARIKHASI, LLC/MALIKA HOTEL BUKHARA UZBEKISTAN TOUR

KHIVA MALIKASI, LLC UZBEKISTAN TOUR

TAKOMA LTD UZBEKISTAN TOUR

CONSOLIDADA DE FERRYS C.A. (CONFERRY) VENEZUELA TRAN

CORPORACION QUIPORT S.A. ECUADOR TRAN

CORPORACION QUIPORT S.A. ECUADOR TRAN

CONSOLIDADA DE FERRYS, C. A. (CONFERRY) VENEZUELA TRAN

KWAPA TRADING CO Liberia N/A

ST. MICHAEL ENTERPRISES Yugoslavia N/A

OTHER

AMERICAN EQUIPMENT CO., FLUOR CORP IRAQ N/A

MINISTRY OF WATER RESOURCES, BALTIMORE DREDGE IRAQ N/A

IMMDF, CITIBANK IRAQ N/A

TRADE BANK OF IRAQ, CITIBANK IRAQ N/A

SIGMA IRAQ LLC, SIGMA INTERNATIONAL CONSTRUCT IRAQ N/A

A. KHUDAIRI TRADING CO IRAQ N/A

MINISTRY OF WATER RESOURCES, UNITED MARINE INT’L IRAQ N/A

AL MANSOUR AUTOMOTIVE CO, CITIBANK IRAQ N/A

NATIONAL HOUSEHOLD PRODUCTS CO., CITIBANK IRAQ N/A

AL KHALIJ LABORATORIES-PHOTO SERVICES, CITIBANK IRAQ N/A

TECHNOLOGY PARTNERS, CITIBANK IRAQ N/A

AL-BAREEQ AIR CONDITIONING, CITIBANK IRAQ N/A

FURAT WATER, CITIBANK IRAQ N/A

BAZIAN BRICKS PRODUCTION COMPANY, CITIBANK IRAQ N/A

HILAL AL KHAIR, CITIBANK IRAQ N/A

AL MUHANAD PLASTICS, CITIBANK IRAQ N/A

AL YOUSIF MODERN WHEAT FACTORIES, CITIBANK IRAQ N/A

DARCO WOODWORKING, CITIBANK IRAQ N/A

ROZHANO CO FOR GLASS MANUFACTURE, CITIBANK IRAQ N/A

AL HARMOOSH FOR GENERAL TRADING TOURISM/TRAVEL, CITIBANK IRAQ N/A

AL IHSAN AL DEEM, CITIBANK IRAQ N/A

QASIM JAWHAR KAREEM COMPANY (KURDISTAN FLOUR MILL), CITIBANK IRAQ N/A

KAIS PLANT FOR MINERAL WATER AND JUICE PRODUCTION, CITIBANK IRAQ N/A

JASSIM ROCK CRUSHER GRAVEL AND SAND CATEGORIZATION FACTORY, CITIBANK IRAQ N/A

RASUN COMPANY FOR POULTRY, CITIBANK IRAQ N/A

BURJ AL FANAR FOR READY MIX CONCRETE CO IRAQ N/A

STUDENT SOLIDARITY ORGANIZATION, CITIBANK IRAQ N/A

AL-MANSOUR AUTOMOTIVE COMPANY, CITIBANK IRAQ N/A

CINEMA SINBAD HOTEL COMPANY, ARCADD INC IRAQ N/A

MINISTRY WATER RESOURCES, BALTIMORE DREDGES IRAQ N/A

MINISTRY WATER RESOURCES, BALTIMORE DREDGES IRAQ N/A

MINISTRY WATER RESOURCES, BALTIMORE DREDGES IRAQ N/A

MINISTRY WATER RESOURCES, BALTIMORE DREDGES IRAQ N/A

MINISTRY WATER RESOURCES, BALTIMORE DREDGES IRAQ N/A

BEARING POINT IRAQ, BEARING POINT INC IRAQ N/A

IRAQI MIDDLE MARKET FINANCING FACILITY (IMMFF) FRAMEWORK AGREEMENT, 

CITIBANK IRAQ N/A

IRAQ MIDDLE MARKET DEVELOPMENT FOUNDATION IRAQ N/A

TRADE BANK OF IRAQ II, CITIBANK IRAQ N/A

ERBILL RESIDENTIAL DEVELOPMENT COMPANY, ERBIL HOUSING PROJECT IRAQ N/A

SGV MANAGEMENT COMPANY, ERBIL RESIDENTIAL DEVELOPMENT IRAQ N/A

AMERICAN EQUIPMENT CO, FLOUR ENTERPRISES INC IRAQ N/A

REPUBLIC OF IRAQ MINISTRY OF ELECTRICITY, GE CAPITAL MARKETS SERVICES IRAQ N/A

STATE OIL PROJECTS COMPANY, GENERAL ELECTRIC IRAQ N/A

H&W HOLDINGS GROUP LLC IRAQ N/A

H&W HOLDINGS GROUP LLC IRAQ N/A

INTERNATIONAL DEVELOPMENT TRUST LTD IRAQ N/A

INTERNATIONAL RESCUE COMMITTEE-IRAQ IRAQ N/A
Page 28 

PROJECT NAME COUNTRY SECTOR

IRAQ RECOVERY FUND LLC, EXCALIBUR VENTURES LLC, PRINCE STREET CAPITAL 

MANAGEMENT LLC, POTOMAC PARTNERS LLC IRAQ N/A

A. KHUDAIRI TRADING COMPANY LTD IRAQ N/A

KHUDAIRI TRADING COMPANY LTD, AZIZ KHUDAIRI IRAQ N/A

IRAQI MINISTRY OF WATER RESOURCES, LIQUID WASTE TECHNOLOGY LLC IRAQ N/A

MENA INDUSTRIES INC., MID NATIONAL HOLDINGS IRAQ N/A

YAPA MUHENDISLIK INSAAT VE DIS TICARET LTD., MERIDIAN INVESTMENT 

MANAGEMENT INC IRAQ N/A

ORASCOM TELECOM IRAQ CORP, MOTOROLA CREDIT IRAQ N/A

MORRIS & MCDANIEL COMPANY IRAQ N/A

RELIEF INTERNATIONAL SCHOOLS ONLINE IRAQ N/A

RHMK IRAQ FUND, L.P. IRAQ N/A

SIGMA IRAQ, SIGMA INT’L CONSTRUCTION LLC IRAQ N/A

MINISTRY OF WATER RESOURCES, UNITED MARINE INTERNATIONAL LLC IRAQ N/A

ABDUL MAJEED AL-FRAIH GENERAL TRADERS/RAINIA WATERS, CITIBANK IRAQ N/A

ADVANCED TECHNOLOGY SYSTEMS, CITIBANK IRAQ N/A

AL AZZAWAI, CITIBANK IRAQ N/A

AL BAREEQ AIR CONDITIONING, CITIBANK IRAQ N/A

AL HARMOOSH GENERAL TRADING, CITIBANK IRAQ N/A

AL IHSAN A-DAEEM GENERAL CONTRACTING, CITIBANK IRAQ N/A

AL KHALIJ LABORATORIES-PHOTO SERVICES, CITIBANK IRAQ N/A

AL MUHANAD CO FOR PLASTIC INDUSTRIES, CITIBANK IRAQ N/A

AL RASHEED GYPSUM, CITIBANK IRAQ N/A

AL YOUSIF MODERN WHEAT FACTORIES, CITIBANK IRAQ N/A

ALIEDAD GENERAL CONSTRUCTION, CITIBANK IRAQ N/A

ARABIAN AERATED WATER CO LTD, CITIBANK IRAQ N/A

IMMDF-ARKAN HAMID FACTORY, CITIBANK IRAQ N/A

BALAK FACTORY, CITIBANK IRAQ N/A

BAZIAN BRICKS PRODUCTION CO, CITIBANK IRAQ N/A

BECKER FOR MAKING SELLING ALL KINDS, CITIBANK IRAQ N/A

BEZA FOR PREPARED CONCRETE LTD, CITIBANK IRAQ N/A

BURJ AL FANAR FOR READY MIX CONCRETE, CITIBANK IRAQ N/A

DARCO WOODWORKING COMPANY, CITIBANK IRAQ N/A

DARZELOCK COMPANY/GENERAL TRADING & EXPORT IRAQ N/A

FURAT WATER, CITIBANK IRAQ N/A

GARA FACTORY, CITIBANK IRAQ N/A

GEBALA CENTER COLLECT AND COOL MILK, CITIBANK IRAQ N/A

HASSAN MOHAMMED EINAD FOR WATER, CITIBANK IRAQ N/A

IRAQI METAL WEAVING COMPANY, CITIBANK IRAQ N/A

JASSIM CRUSHER GRAVEL AND SAND, CITIBANK IRAQ N/A

JIDA FOR IRON AND ALUMINUM INDUSTRIES LTD IRAQ N/A

K1 GENERAL CONTRACTING CO LTD., CITIBANK IRAQ N/A

KAIS PLANT MINERAL WATER, CITIBANK IRAQ N/A

IMMDF-KHALAF BLOCK FACTORY, CITIBANK IRAQ N/A

KURDISTAN FLOUR MILL, CITIBANK IRAQ N/A

LOAY FACTORY FOR ASPHALT PRODUCTION, CITIBANK IRAQ N/A

MUTTAHIDA ELECTRICAL BOARDS, CITIBANK IRAQ N/A

NAMA GROUP, CITIBANK IRAQ N/A

NATIONAL HOUSEHOLD PRODUCTS CO., CITIBANK IRAQ N/A

RASUN COMPANY FOR POULTRY LTD, CITIBANK IRAQ N/A

ROZHANO COMPANY FOR GLASS MANUFACTURING IRAQ N/A

SAMAN MA-RUF ABDULKARIM BARZNJI, CITIBANK IRAQ N/A

SARQALA COMPANY FOR GENERAL CONTRACT, CITIBANK IRAQ N/A

SMAG LOAN, CITIBANK IRAQ N/A

STUDENT SOLIDARITY ORGANIZATION, CITIBANK IRAQ N/A

STUDENT SOLIDARITY ORGANIZATION, CITIBANK IRAQ N/A

TECHNOLOGY PARTNERS, CITIBANK IRAQ N/A

YAFA CO FOR FOOD INDUSTRIES, CITIBANK IRAQ N/A

FUNDS

ACTIS SOUTH ASIA FUND, NILGIRI FRANCHISE INDIA N/A

RUSSIA PARTNERS II, ISKRA TELECOM RUSSIA N/A

RUSSIA PARTNERS II, PSL NIS REGIONAL N/A

SEEF II, SERBIA BROADBAND SERBIA N/A

ECP AFRICA, SPENCON EAST AFRICA REGIONAL N/A

ACTIS SOUTH ASIA FUND, NAT’L DEVELOPMENT BANK SRI LANKA N/A
Page 29 

PROJECT NAME COUNTRY SECTOR

DARBY-BBVA LATIN AMERICA PRIVATE EQUITY FUND, GRUPO EMPRESARIAL 

METROPOLITANO (GEMET) MEXICO N/A

ECP AFRICA, ECOBANK WEST AFRICA REGIONAL N/A

ECP AFRICA, BANK OF AFRICA AFRICA REGIONAL N/A

ECP AFRICA, INTERCONTINENTAL BANK NIGERIA N/A

ECP AFRICA, CONTINENTAL REINSURANCE NIGERIA N/A

ETHOS FUND V, KANDERLANE SOUTH AFRICA N/A

ETHOS FUND V, ALEXANDER FORBES SOUTH AFRICA N/A

ETHOS FUND V, OCEANIC BANK NIGERIA N/A

RUSSIA PARTNERS II, APR BANK MOSCOW RUSSIA N/A

ACTIS SOUTH ASIA FUND, CEYLON OXYGEN SRI LANKA N/A

AQUA INT’L PARTNERS FUND, GRUPO ROTOPLAST MEXICO N/A

ASIAN DEV’T PARTNERS FUND II, PROJECT GREEN INDIA N/A

ISRAEL GROWTH FUND, APAX PARTNERS&CO ISRAEL N/A

RUSSIA PARTNERS COMPANY LP, SIGULER GUFF & CO EUROPE/EURASIA N/A

AIG BRUNSWICK MILLENNIUM FUND, AIG MILLENIUM GP EUROPE/EURASIA N/A

AIG BRUNSWICK MILLENNIUM FUND, AIG MILLENIUM GP EUROPE/EURASIA N/A

EMERGING EUROPE FUND, TEMPLETON ADVISORS EUROPE/EURASIA N/A

RUSSIA PARTNERS COMPANY LP, SIGULER GUFF & CO EUROPE/EURASIA N/A

POLAND PARTNERS, LANDON BUTLER & CO POLAND N/A

DRAPER INT’L INDIA FUND, DRAPER INTERNATIONAL INDIA N/A

INDIA PRIVATE EQUITY FUND, CIBC WORLD MARKETS INDIA N/A

AGRIBUSINESS PARTNERS INT’L, AMERICA FIRST CO EUROPE/EURASIA N/A

AGRIBUSINESS PARTNERS INTERNATIONAL (BALTICS), AMERICA FIRST COMPANIES EUROPE/EURASIA N/A

BANCROFT EASTERN EUROPE FUND EUROPE/EURASIA N/A

NEW CENTURY CAPITAL PARTNERS LP, NCH ADVISORS EUROPE/EURASIA N/A

NEW CENTURY CAPITAL PARTNERS LP, NCH ADVISORS EUROPE/EURASIA N/A

NEW AFRICA OPPORTUNITY FUND LP, ZEPHYR SOUTHERN AFRICA PARTNERS LLC AFRICA/MIDEAST N/A

AQUA PARTNERS LP, TARRANT PARTNERS ALL OPIC N/A

GLOBAL ENVIRONMENT EMERGING MARKETS FUND LI, GEF MANAGEMENT CORP ALL OPIC N/A

ASIA DEVELOPMENT PARTNERS LP, SOUTH ASIA CAPITAL LTD C/O OLYMPUS CAPITAL 

HOLDINGS ASIA/PACIFIC N/A

NEWBRIDGE ANDEAN PARTNERS LP, ACON PARTNERS LATINAMERICA/CARIBBEAN N/A

MODERN AFRICA GROWTH AND INVESTMENT COMPANY, CITICORP VENTURES / LAND 

& MITTENDORF / OTHER AFRICA/MIDEAST N/A

AFRICA GROWTH FUND, EQUATOR HOLDINGS LTD AFRICA/MIDEAST N/A

MODERN AFRICA GROWTH AND INVESTMENT FUND 2, MODERN AFRICA FUND 

MANAGERS LLC AFRICA/MIDEAST N/A

SOUTHEAST EUROPE EQUITY FUND LTD, BEDMINSTER CAPITAL MANAGEMENT LLC EUROPE/EURASIA N/A

GREAT CIRCLE FUND LP (MISF), GREAT CIRCLE CAPITAL ALL OPIC N/A

RUSSIA PARTNERS LI O SERIES LP, SIGULER GUFF & CO EUROPE/EURASIA N/A

ASIA PACIFIC GROWTH FUND, HAMBRECHT & QUIST ASIA PACIFIC LTD ASIA/PACIFIC N/A

DARBY-BBVA LATIN AMERICAN HOLDINGS LLC, DARBY OVERSEAS PARTNERS LTD LATINAMERICA/CARIBBEAN N/A

PALADIN REALTY LATIN AMERICA INVESTORS LI LP, PALADOR REALTY I GP, LLC LATINAMERICA/CARIBBEAN N/A

EMP AFRICA FUND LI INVESTMENTS LLC, EMP AFRICA MANAGEMENT LP AFRICA/MIDEAST N/A

ETHOS PRIVATE EQUITY FUND V, ELIGIBLE US INVESTORS AFRICA/MIDEAST N/A

ACTIS SOUTH ASIA FUND 2 LP, ELIGIBLE US INVESTORS ASIA/PACIFIC N/A

ASIA DEVELOPMENT PARTNERS LI LP, OLYMPUS ADP II GP, LLC ASIA/PACIFIC N/A

CLEARWATER CAPITAL PARTNERS INVESTMENTS II LP ASIA/PACIFIC N/A

SOUTHEAST EUROPE EQUITY FUND LTD, BEDMINSTER CAPITAL MANAGEMENT LLC EUROPE/EURASIA N/A

BARING MEXICO PRIVATE EQUITY LI FUND, BARING MEXICO II (GP) INC/BARING LATIN 

AMERICAN HOLDINGS LATINAMERICA/CARIBBEAN N/A

ECP MENA GROWTH INVESTMENTS LLC, EMERGING CAPITAL PARTNERS LLC AFRICA/MIDEAST N/A

GLOBAL ENVIRONMENT EMERGING MARKET FUND, GEF MANAGEMENT CORP ALL OPIC N/A

DARBY PROBANCO LI FUND, DARBY OVERSEAS PARTNERS LTD LATINAMERICA/CARIBBEAN N/A

LATIN POWER TRUST LII, CONDUIT CAPITAL PARTNERS LATINAMERICA/CARIBBEAN N/A

DARBY BBVA, GRUPO BAJA CERO MEXICO N/A

ACTIS SOUTH ASIA FUND, PARAS PHARMACEUTICALS INDIA N/A

AQUA INT’L PARTNERS FUND, SPRINGS OF EDEN BV POLAND N/A

ASIAN DEV’T PARTNERS FUND II, SANJHVI MOVERS KOREA N/A

DARBY BBVA LATIN AMERICA PRIVATE EQUITY FUND, SATELITE DISTRIBUIDORA DE 

PETROLEO BRAZIL N/A

ETHOS FUND V, MORESPORT SOUTH AFRICA N/A

ETHOS FUND V, PLUMBLINK SOUTH AFRICA N/A

RUSSIA PARTNERS II, SOK RUSSIA N/A

RUSSIA PARTNERS II, UKRAINE INSURANCE UKRAINE N/A
Page 30 

PROJECT NAME COUNTRY SECTOR

SEEF II, HEDEF TURKEY N/A

GREAT CIRCLE CAPITAL, OVERSEAS LOGISTIC (RLS) RUSSIA N/A

GREAT CIRCLE CAPITAL, BALNAK LOGISTICS GROUP TURKEY N/A

GREAT CIRCLE CAPITAL, STS LOGISTICS RUSSIA N/A

ZAO AIST RUSSIA N/A

KUJTESDA KOSOVO N/A

HIPERDIA ROMANIA N/A

HEALTH MANAGEMENT SYSTEM BULGARIA N/A

WEST CALL COMMUNICATIONS RUSSIA N/A

RUSSIA PARTNERS DIRECT INSURANCE UKRAINE N/A

HELIOS PT AFRICA NETHERLANDS N/A

HELIOS FIRST CITY MONUMENT BANK NIGERIA N/A

EMP AFRICA FUND II ALGERIA N/A

PLANOR CAPITAL MAURITIUS N/A

BLUE FINANCIAL SOUTH AFRICA N/A

SAWHF SOUTH AFRICA N/A

ECP MENA – SOCIETE D’ARTICLES HYGIENIQUES TUNISIA N/A

HELIOS TOWERS NIGERIA N/A

EQUITY BANK AFRICA N/A

UNIVERSALB ALBANIA N/A

CLEARWATER CAPITAL PARTNERS ASIA N/A

INSUN – PROJECT GREEN SOUTH KOREA N/A

BIS EOOD – NEW EUROPE DIRECTORIES BULGARIA N/A

DIAMANT – KONTAKT INSURANCE UKRAINE N/A
Page 31 

APPENDIX B – 2015 ACTIVE PROJECTS

This table lists projects active as of September 30, 2016, that were screened as part of 

the CY 2015 GHG inventory development process.

PROJECT NAME COUNTRY SECTOR

A B I GROUP LTD AFGHANISTAN Manufacturing

A C D RESEARCH INC RUSSIA Manufacturing

AAF SUB-FUND AFRICA REGIONAL Finance and Insurance

Abraaj Growth Markets Health Fund AFRICA REGIONAL Finance and Insurance

ACCESS AFRICA FUND AFRICA REGIONAL Finance and Insurance

Access Africa Fund, LLC CAMEROON Finance and Insurance

ACCESSION MEZZANINE CAPITAL III, L.P. EUROPE REGIONAL Finance and Insurance

Ace American Insurance Company GHANA Educational Services

Acleda Bank CAMBODIA Finance and Insurance

Acu Petroleo S.A. BRAZIL Transportation and Warehousing

ACWA Power SolarReserve Redstone Solar Thermal Pow SOUTH AFRICA Utilities

ADRIATIC INVESTMENT MANAGEMENT L L C CROATIA Information

AES CORPORATION JORDAN Utilities

AES JORDAN PSC JORDAN Utilities

AES LEVANT PSC JORDAN Utilities

AFGHAN GROWTH FINANCE LLC AFGHANISTAN Finance and Insurance

Africa Finance Corporation AFRICA REGIONAL Finance and Insurance

Africa Integras - University of Ghana GHANA Educational Services

Africa Telecoms Media and Technology Fund AFRICA REGIONAL Finance and Insurance

African Banking Corporation of Botswana Limited BOTSWANA Finance and Insurance

African Banking Corporation of Mozambique Limited MOZAMBIQUE Finance and Insurance

African Banking Corporation of Zambia Limited ZAMBIA Finance and Insurance

African Leadership Academy SOUTH AFRICA Educational Services

African Mortgage Company ZIMBABWE Finance and Insurance

Aga Khan Hospital and Medical College Founda PAKISTAN Health Care and Social Assistance

AKBANK T.A.S. TURKEY Finance and Insurance

AL TAMWEEL AL SAREE LIMITED IRAQ Finance and Insurance

Al Tamweel Al Saree LLC IRAQ Finance and Insurance

ALISTAIR JAMES COMPANY LIMITED TANZANIA Transportation and Warehousing

Alsis Mexico Opportunities Fund MEXICO Finance and Insurance

Alto Maipo SpA CHILE Utilities

Amandi Energy Limited GHANA Utilities

AMANECER SPA CHILE Utilities

AMERICAN EMBASSY SCHOOL OF LUSAKA FOUNDATION 

INC ZAMBIA Educational Services

American International School of Abuja NIGERIA Educational Services

AMERICAN INTERNATIONAL SCHOOL OF ABUJA 

FOUNDATION INC NIGERIA Educational Services

AMERICAN INTERNATIONAL SCHOOL OF MONROVIA IN LIBERIA Educational Services

AMERICAN INTERNATIONAL SCHOOL SYSTEMS, INC. PAKISTAN Educational Services

AMERICAN INTL SCHOOL OF BAMAKO MALI Educational Services

American Intl. School of Bamako MALI Educational Services

American Intl. School-Kingston JAMAICA Educational Services

AMERICAN UNIVERSITY IN BULGARIA BULGARIA Educational Services

AMERICAN UNIVERSITY OF BEIRUT LEBANON Educational Services

American University of Central Asia (Tranche KYRGYZSTAN Educational Services

American Wool III AFGHANISTAN Agriculture, Forestry, Fishing and Hunting

AMETHIS AFRICA FINANCE LIMITED AFRICA REGIONAL Finance and Insurance
Page 32 

PROJECT NAME COUNTRY SECTOR

AMSTED RAIL COMPANY INC UKRAINE Transportation and Warehousing

APACHE CORP EGYPT Mining, Quarrying, and Oil and Gas Extraction

APACHE CORPORATION EGYPT Mining, Quarrying, and Oil and Gas Extraction

Apollo Towers BURMA/MYANMAR Construction

ARGENTINA OLIVE RANCH ARGENTINA Agriculture, Forestry, Fishing and Hunting

ARMENIA HOTEL COMPLEX - 2 ARMENIA Accommodation and Food Services

ASA International ALL OPIC COUNTRIES Finance and Insurance

ASIA DEVELOPMENT PARTNERS III, LP INDIA Finance and Insurance

ASIA FOUNDATION AFGHANISTAN Health Care and Social Assistance

ASIA FOUNDATION BANGLADESH Health Care and Social Assistance

ASIA FOUNDATION CAMBODIA Health Care and Social Assistance

ASIA FOUNDATION EAST TIMOR Health Care and Social Assistance

ASIA FOUNDATION INDONESIA Health Care and Social Assistance

ASIA FOUNDATION MONGOLIA Health Care and Social Assistance

ASIA FOUNDATION NEPAL Health Care and Social Assistance

ASIA FOUNDATION PAKISTAN Health Care and Social Assistance

ASIA FOUNDATION PHILIPPINES Health Care and Social Assistance

ASIA FOUNDATION SOUTH KOREA Health Care and Social Assistance

ASIA FOUNDATION SRI LANKA Health Care and Social Assistance

ASIA FOUNDATION THAILAND Health Care and Social Assistance

ASIA FOUNDATION RISK Health Care and Social Assistance

ASSURANT INC BRAZIL Finance and Insurance

AST Telecom Solar Private Limited INDIA Utilities

AUSTRALIS AQUACULTURE LLC VIETNAM Agriculture, Forestry, Fishing and Hunting

AUTO SERVICE CAUCASUS LTD GEORGIA Other Services (except Public Administration)

Avantel S.A.S. COLOMBIA Information

Aventura Investment Partners LLC SENEGAL Agriculture, Forestry, Fishing and Hunting

Azura-Edo Power Project- Junior Loan NIGERIA Utilities

Azura-Edo Power Project- Senior Loan NIGERIA Utilities

AZURE POWER (GUJARAT) PVT LTD - SUNEDISON INDIA Utilities

AZURE POWER HARYANA PRIVATE LIMITED INDIA Utilities

Azure Power Punjab Private Limited INDIA Utilities

Azure Sunlight Private Limited INDIA Utilities

B M R ENERGY LLC JAMAICA Utilities

BAC INTERNATIONAL BANK,INC. (TRANCHE A) PANAMA Finance and Insurance

BAC INTERNATIONAL BANK,INC. (TRANCHE B) PANAMA Finance and Insurance

BANCO BAC SAN JOSE, S.A. (TRANCHE A) COSTA RICA Finance and Insurance

BANCO BAC SAN JOSE, S.A. (TRANCHE B) COSTA RICA Finance and Insurance

BANCO DE AMERICA CENTRAL HONDURAS, S.A.(TR A HONDURAS Finance and Insurance

BANCO DE AMERICA CENTRAL HONDURAS, S.A.(TR B HONDURAS Finance and Insurance

BANCO DE AMERICA CENTRAL, S.A. (TRANCHE A) NICARAGUA Finance and Insurance

BANCO DE AMERICA CENTRAL, S.A. (TRANCHE B) NICARAGUA Finance and Insurance

BANCO DE CREDITO CENTROAMERICANO, S.A. NICARAGUA Finance and Insurance

BANCO LAFISE HONDURAS, S.A. HONDURAS Finance and Insurance

BANCO LAFISE S.A. COSTA RICA Finance and Insurance

BANCO LAFISE, S.A. (TRANCHE 2) COSTA RICA Finance and Insurance

BANCO LAFISE, S.A. (TRANCHE 3) COSTA RICA Finance and Insurance

Bayport Management Ltd ALL OPIC COUNTRIES Finance and Insurance

BELSTAR CAPITAL LIMITED GHANA Manufacturing

BELSTAR CAPITAL LIMITED GHANA Utilities

BELSTAR DEVELOPMENT L L C GHANA Wholesale Trade

BETSY, LLC GEORGIA Accommodation and Food Services

Beyond the Grid Solar Fund (SunFunder) TANZANIA Finance and Insurance
Page 33 

PROJECT NAME COUNTRY SECTOR

Bien Para Bien S.A., S.A.P.I. de C.V. SOFOM ENR MEXICO Finance and Insurance

Big Tree Farms Inc. INDONESIA Manufacturing

Blue Mountain Renewables Wind Power Project JAMAICA Utilities

BRAC AFRICA MICROFINANCE, LTD. (CLASS B) TANZANIA Finance and Insurance

BRAC International Loan Facility ("BILF") AFRICA REGIONAL Finance and Insurance

BRAVO ENERGY MEXICO SRL DE CV MEXICO Utilities

Bridge International Academy KENYA Educational Services

BROAD COVE ECOHOMES LIBERIA, INC LIBERIA Construction

BROAD COVE ECOHOMES LIBERIA, INC. LIBERIA Construction

BURN MANUFACTURING COMPANY AFRICA REGIONAL Manufacturing

Butama Hydro Electricity Company UGANDA Utilities

C21 BRASIL DESENVOLVIMENTO IMOBILAIRIO LTDA BRAZIL Real Estate and Rental and Leasing

CAFR-AMERICAN INTERNATIONAL SCHOOL LAGOS NIGERIA Educational Services

CAIRO AMMAN BANK JORDAN Finance and Insurance

Calvert Foundation-Jain Sons Finlease ("Intellegro INDIA Finance and Insurance

Calvert Foundation-Thirumeni Finance ("Varthana") INDIA Finance and Insurance

Capital Alliance Property Investment Company, L.P. NIGERIA Finance and Insurance

CASAMAR MAURITIUS, LTD./CASAMAR INDIAN OCEAN MAURITIUS Manufacturing

CASIA-PACIFIC BANGLADESH TELECOM LIMITED BANGLADESH Information

Caspian Impact Investments INDIA Finance and Insurance

CCA2-GRUPO M HOLDING S.A. COSTA RICA Finance and Insurance

CEL SOL S.A.P.I. DE CV MEXICO Manufacturing

Centro de Servi? Internacionais de Sa?de, ANGOLA Health Care and Social Assistance

CGLOB - CrediQ LATIN AMERICA REGION Finance and Insurance

CGLOB - Jamaica Public Service Company Limit JAMAICA Utilities

CGLOB - Jamaica Public Service Company Limited #2 JAMAICA Utilities

CGLOB2 - Banco Atlas PARAGUAY Finance and Insurance

CGLOB2 - JSC Bank of Georgia GEORGIA Finance and Insurance

CGLOB-ASTARTA-KYIV LLC UKRAINE Agriculture, Forestry, Fishing and Hunting

CGLOB-ATTIJARIWAFA BANK ("ATW") MOROCCO Finance and Insurance

CGLOB-BANCO DEL PAIS, S.A. HONDURAS Finance and Insurance

CGLOB-CAL Bank GHANA Finance and Insurance

CGLOB-CHI LIMITED NIGERIA Manufacturing

CGLOB-Grupo Jaremar HONDURAS Manufacturing

CGLOB-PAKISTAN MOBIL COMMUNICATIONS LIMITED PAKISTAN Information

CGLOB-TSKB TURKEY Finance and Insurance

CHEMONICS INTERNATIONAL INC ANGOLA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC BOTSWANA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC BURUNDI Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC DEM. REPUBLIC OF CONGO Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC DJIBOUTI Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC ETHIOPIA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC GHANA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC KENYA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC MALAWI Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC MOZAMBIQUE Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC NIGER Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC NIGERIA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC RWANDA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC SOUTH AFRICA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC TANZANIA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC UGANDA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC ZAMBIA Professional, Scientific, and Technical Services
Page 34 

PROJECT NAME COUNTRY SECTOR

CHEMONICS INTERNATIONAL INC AFGHANISTAN Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC BANGLADESH Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC INDONESIA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC MONGOLIA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC NEPAL Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC PAKISTAN Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC PHILIPPINES Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC VIETNAM Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC ALBANIA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC BOSNIA AND HERZEGOVINA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC KOSOVO Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC ANTIGUA AND BARBUDA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC BOLIVIA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC DOMINICAN REPUBLIC Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC ECUADOR Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC EL SALVADOR Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC HAITI Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC NICARAGUA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC PANAMA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC PARAGUAY Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC PERU Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC EGYPT Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC JORDAN Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC LEBANON Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC MOROCCO Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC WEST BANK AND GAZA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC ARMENIA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC AZERBAIJAN Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC GEORGIA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC KAZAKHSTAN Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC KYRGYZSTAN Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC MOLDOVA Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC TAJIKISTAN Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC UKRAINE Professional, Scientific, and Technical Services

CHEMONICS INTERNATIONAL INC RISK Professional, Scientific, and Technical Services

CHF LEBANON REPLACEMENT FACILITY LEBANON Finance and Insurance

CHOUS2-BANCO ALIADO, S.A. PANAMA Finance and Insurance

CHOUS2-BANCO CONTINENTAL S.A.E.C.A. PARAGUAY Finance and Insurance

CHOUS2-BANCO FICOHSA HONDURAS Finance and Insurance

CHOUS2-BANCO REGIONAL S.A.E.C.A. PARAGUAY Finance and Insurance

CHOUS2-BANK POZITIF TURKEY Finance and Insurance

CHOUS2-GLOBAL BANK CORPORATION PANAMA Finance and Insurance

CHOUS2-JSC HALYK SAVINGS BANK KAZAKHSTAN Finance and Insurance

CHOUS-BANCO DE LA PRODUCCION S.A. NICARAGUA Finance and Insurance

CHOUS-BANCO FINANCIERA COMMERCIAL HONDURENA HONDURAS Finance and Insurance

CHOUS-BANCO PROMERICA COSTA RICA Finance and Insurance

CHOUS-BANCO REFORMADOR, S.A. GUATEMALA Finance and Insurance

CHOUS-BANRURAL S.A. GUATEMALA Finance and Insurance

CHOUS-CREDIQ, SA DE CV & CREDITZ INVERSIONES COSTA RICA Finance and Insurance

CHOUS-JOINT STOCK COMPANY TBC BANK GEORGIA Finance and Insurance

Cinepax Corp. PAKISTAN Information

CITADEL CAPITAL LOAN FACILITY EGYPT Finance and Insurance

CITIBANK, N. A. PAKISTAN Finance and Insurance
Page 35 

PROJECT NAME COUNTRY SECTOR

CITIBANK, N. A. HUNGARY Finance and Insurance

CITIBANK, N. A. ROMANIA Finance and Insurance

CITIBANK, N. A. TURKEY Finance and Insurance

CITIBANK, N. A. EGYPT Finance and Insurance

CITIBANK, N. A. JORDAN Finance and Insurance

CITIBANK, N. A. UKRAINE Finance and Insurance

CITIBANK, N. A. RISK Finance and Insurance

Claremont Hotel LLC IRAQ Accommodation and Food Services

CLEARWATER CAPITAL PARTNERS IV, L.P. ASIA REGIONAL Finance and Insurance

CLEB2A-BANK AUDI SAL-AUDI SARADAR GROUP LEBANON Finance and Insurance

CLEB2A-BANKMED S.A.L. LEBANON Finance and Insurance

CLEB2A-BYBLOS BANK SAL LEBANON Finance and Insurance

CLEB2-BANK AUDI SAL-AUDI SARADAR GROUP LEBANON Finance and Insurance

CLEB-BANKMED S.A.L. LEBANON Finance and Insurance

CLEB-BANQUE LIBANO-FRANCAISE S.A.L. LEBANON Finance and Insurance

CLEB-BYBLOS BANK S.A.L. LEBANON Finance and Insurance

CMFI-2-Banco Pichincha ECUADOR Finance and Insurance

CMFI-2-Fundacion Genesis Empresarial GUATEMALA Finance and Insurance

CMFI-2-Grameen Financial Services Private Li INDIA Finance and Insurance

CMFI-2-Janalakshmi (round 2) INDIA Finance and Insurance

CMFI-2-Janalakshmi Financial Services Privat INDIA Finance and Insurance

CMFI-2-Jordan Micro Credit Company (Tamweelcom) JORDAN Finance and Insurance

CMFI-2-Microcred Senegal SENEGAL Finance and Insurance

CMFI-2-SKS INDIA Finance and Insurance

CMFI-2-SKS (Round 2) INDIA Finance and Insurance

CMFI-2-Ujjivan (Round 2) INDIA Finance and Insurance

CMFI-2-Ujjivan Financial Services Private Li INDIA Finance and Insurance

CMFI-OPPORTUNITY MICROCREDIT ROMANIA ("OMRO" ROMANIA Finance and Insurance

Commonwealth Partners JAMAICA Finance and Insurance

Compagnie des Bauxites de Guinee GUINEA Mining, Quarrying, and Oil and Gas Extraction

CONDOMINIOS RIVERSIDE ETAPA II, S.A. COSTA RICA Construction

Content Solar Limited JAMAICA Utilities

CONTINENTAL GRAIN CO HAITI Manufacturing

CONTOURGLOBAL SENEGAL Utilities

ContourGlobal Cap des Biches SENEGAL Utilities

ContourGlobal Cap des Biches Senegal SENEGAL Utilities

CONTOURGLOBAL SOLUTIONS HOLDINGS LIMITED NIGERIA Utilities

CONTOURGLOBAL TOGO L L C TOGO Utilities

CONTOURGLOBAL TOGO S.A. TOGO Utilities

CORPORACION QUIPORT S.A. ECUADOR Transportation and Warehousing

CRECERA (LATIN AMERICA EXPORT FINANCE FUND) LATIN AMERICA REGION Finance and Insurance

CSA-BANCO REGIONAL, S.A. PARAGUAY Finance and Insurance

CSA-BBVA PARAGUAY S.A. PARAGUAY Finance and Insurance

CSA-Grupo Jaremar HONDURAS Manufacturing

CSA-INTERBANCO S.A. PARAGUAY Finance and Insurance

CSI LATINA ARRENDAMENTO MERCANTIL S.A.P.I. BRAZIL Real Estate and Rental and Leasing

CSI LATINA FINANCIAL, INC/CSI LATINA ARRENDA BRAZIL Real Estate and Rental and Leasing

CSI LATINA FINANCIAL,INC/CSI LEASING DE CENT LATIN AMERICA REGION Real Estate and Rental and Leasing

CSI LEASING POLSKA SP.Z.O.O ET AL EUROPE REGIONAL Real Estate and Rental and Leasing

CSI Peru PERU Real Estate and Rental and Leasing

d.light design KENYA Utilities

DARBY-PROBANCO HOLDINGS, L.P. LATIN AMERICA REGION Finance and Insurance

DATASPACE PARTNERS, LLC RUSSIA Information
Page 36 

PROJECT NAME COUNTRY SECTOR

DCO S.A. ALL OPIC COUNTRIES Finance and Insurance

Destino Desarrollos Inmobiliarios, Compania Limita GUATEMALA Construction

Dev Equity, LP LATIN AMERICA REGION Finance and Insurance

DEVELOPMENT ALTERNATIVES INC. (DAI) AFGHANISTAN Professional, Scientific, and Technical Services

DEVELOPMENT ALTERNATIVES INC. (DAI) BANGLADESH Professional, Scientific, and Technical Services

DEVELOPMENT ALTERNATIVES INC. (DAI) MOLDOVA Professional, Scientific, and Technical Services

DEVELOPMENT ALTERNATIVES INC. (DAI) RISK Professional, Scientific, and Technical Services

DIG-LE LEVIER HAITI Finance and Insurance

DIG-SOFIHDES HAITI Finance and Insurance

DISI WATER PSC JORDAN Utilities

ECP AFRICA FIII INVESTMENTS LLC AFRICA REGIONAL Finance and Insurance

ECP Africa Fund II Investments LLC AFRICA REGIONAL Finance and Insurance

EGYPT-AL WATANY BANK EGYPT Finance and Insurance

EGYPT-COMMERCIAL INTERNATIONAL BANK EGYPT Finance and Insurance

Envirofit ALL OPIC COUNTRIES Manufacturing

ESP Urja Private Limited INDIA Utilities

EURASIA FOUNDATION ARMENIA Other Services (except Public Administration)

EURASIA FOUNDATION GEORGIA Other Services (except Public Administration)

EURASIA FOUNDATION UKRAINE Other Services (except Public Administration)

FAIRTRADE ACCESS FUND S.A., SICAV-SIF ALL OPIC COUNTRIES Finance and Insurance

Falcon Africa Mezzanine Opportunities AFRICA REGIONAL Finance and Insurance

FINANCIERA TFC, S.A. PERU Finance and Insurance

FINCA INTERNATIONAL ALL OPIC COUNTRIES Finance and Insurance

Firefly Investments 230 (Pty) Ltd. SOUTH AFRICA Utilities

First City Monument Bank NIGERIA Finance and Insurance

First Mortgage Company ARMENIA Finance and Insurance

First Mortgage Company II ARMENIA Finance and Insurance

FIXED RATE FUNDING & LIQUIDITY LTD (HWD SPA) ALGERIA Utilities

FORESTRY & AGRICULTURAL INVESTMENT MGMT USA RWANDA Agriculture, Forestry, Fishing and Hunting

Four Rivers Real Estate, Pte. Ltd. BURMA/MYANMAR Real Estate and Rental and Leasing

Foursan Jordan Fund 2 JORDAN Finance and Insurance

G H L U S A INVESTMENT PARTNERS GHANA Finance and Insurance

GAMMA KNIFE PERU PERU Health Care and Social Assistance

GARANTI DIVERSIFIED PAYMENT RIGHTS COMPANY TURKEY Finance and Insurance

Gazelle Fund L.P. EUROPE REGIONAL Finance and Insurance

GCMC II- JUNIOR NOTE TRANCHE ALL OPIC COUNTRIES Finance and Insurance

Generacion Solar SpA CHILE Utilities

GENWORTH MORTGAGE INSURANCE CORP SOUTH KOREA Finance and Insurance

GEORGIAN AMERICAN UNIVERSITY LLC GEORGIA Educational Services

GHANA HOME LOANS (FUND 1) LIMITED GHANA Finance and Insurance

GIFF-MFI-Arohan Micro Finance Pvt. LTD INDIA Finance and Insurance

GIFF-MFI-Suryoday Micro Finance LTD INDIA Finance and Insurance

GIFF-MFI-Utkarsh Micro Finance Pvt. LDT INDIA Finance and Insurance

GLOBAL COMMERCIAL MICROFINANCE CONSORTIUM II ALL OPIC COUNTRIES Finance and Insurance

Global Partnerships Social Investment Fund 6.0 LATIN AMERICA REGION Finance and Insurance

GLOBAL PARTNERSHIPS SOCIAL INVMT FUND 5.0 LATIN AMERICA REGION Finance and Insurance

GMT HOTELS, LLC GEORGIA Accommodation and Food Services

GMT MTATSMINDA, LLC GEORGIA Accommodation and Food Services

GN Bank Limited GHANA Finance and Insurance

GN BEVERAGES MONGOLIA Manufacturing

GOLDHAM PTY LTD.T/A KALAHARI GAS CORPORATION BOTSWANA Utilities

GOOGLE INC KENYA Utilities

GoSolar Energy Efficiency S.R.L. COSTA RICA Utilities
Page 37 

PROJECT NAME COUNTRY SECTOR

GRASSROOTS BUSINESS FUND ALL OPIC COUNTRIES Finance and Insurance

Greenlight Planet, Inc. ALL OPIC COUNTRIES Utilities

GTS MAJES S.A.C. AND GTS REPARTICION S.A.C. PERU Utilities

HAITI 360 HAITI Manufacturing

Hawa Energy PAKISTAN Utilities

HEFF LATIN AMERICA REGION Finance and Insurance

HELIOS INVESTORS II AFRICA, LTD. AFRICA REGIONAL Finance and Insurance

Husk Power Services INDIA Utilities

IDFC INDIA Finance and Insurance

IHS FUND II SA PVE SOUTH AFRICA Finance and Insurance

IKH TOKHOIROL LLC MONGOLIA Mining, Quarrying, and Oil and Gas Extraction

India 2020 II Investors, Limited INDIA Finance and Insurance

IndusInd Bank Limited INDIA Finance and Insurance

INDUSTRIAL DPR FUNDING LTD. GUATEMALA Finance and Insurance

Innovida Haiti Ltd. HAITI Manufacturing

Inter-Mac International, Inc. HONDURAS Construction

International Bank Liberia Limited LIBERIA Finance and Insurance

INTERNATIONAL COLLEGE LEBANON Educational Services

INTERNATIONAL COMMUNITY SCHOOL LIMITED GHANA Educational Services

INTERNATIONAL RESCUE COMMITTEE BURUNDI Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE CENTRAL AFRICAN REPUBLIC Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE CHAD Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE COTE D'IVOIRE Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE DEM. REPUBLIC OF CONGO Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE ETHIOPIA Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE KENYA Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE LIBERIA Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE NIGERIA Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE RWANDA Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE SIERRA LEONE Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE SOMALIA Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE SOUTH SUDAN Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE TANZANIA Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE UGANDA Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE ZIMBABWE Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE AFGHANISTAN Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE MYANMAR Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE PAKISTAN Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE THAILAND Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE TURKEY Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE HAITI Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE IRAQ Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE JORDAN Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE LEBANON Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE YEMEN Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE RUSSIA Health Care and Social Assistance

INTERNATIONAL RESCUE COMMITTEE RISK Health Care and Social Assistance

International School of Kenya Limited KENYA Educational Services

INTL CO FOR ENERGY TECHNOLOGY INDUSTRIES JORDAN Construction

IRAQ MIDDLE MARKET DEVELOPMENT FOUNDATION IRAQ Finance and Insurance

ISQ-OPIC Asia Fund L.P. ASIA REGIONAL Finance and Insurance

Itau 2014 BRAZIL Finance and Insurance

Izmir Bayrakli Hastane Yatirim ve Saglik Hizmetler TURKEY Health Care and Social Assistance
Page 38 

PROJECT NAME COUNTRY SECTOR

Janalakshmi Financial Services Pvt. Ltd. INDIA Finance and Insurance

Jhimpir Power (Private) Limited PAKISTAN Utilities

JORDAN-ARAB BANK JORDAN Finance and Insurance

JORDAN-BANK AL ETIHAD JORDAN Finance and Insurance

JORDAN-CAIRO AMMAN BANK JORDAN Finance and Insurance

JORDAN-Capital Bank 2 JORDAN Finance and Insurance

JORDAN-CAPITAL BANK OF JORDAN JORDAN Finance and Insurance

JORDAN-HOUSING BANK FOR TRADE AND FINANCE JORDAN Finance and Insurance

JORDAN-JORDAN AHLI BANK JORDAN Finance and Insurance

JORDAN-JORDAN KUWAIT BANK JORDAN Finance and Insurance

JOSHI TECHNOLOGIES INTERNATIONAL, INC. COLOMBIA Mining, Quarrying, and Oil and Gas Extraction

JSC BANK OF GEORGIA GEORGIA Finance and Insurance

JSC D&B Georgia GEORGIA Accommodation and Food Services

JSC PROCREDIT BANK GEORGIA GEORGIA Finance and Insurance

KABUL GRAND RESIDENCES LLC AFGHANISTAN Construction

K-Electric Limited PAKISTAN Utilities

Khushhali Bank Limited PAKISTAN Finance and Insurance

Kilombero Plantations Limited TANZANIA Agriculture, Forestry, Fishing and Hunting

Kipeto Wind Power Project KENYA Utilities

Kiva ALL OPIC COUNTRIES Finance and Insurance

Kocaeli Hastane Yatirim ve Saglik Hizmetleri A.S. TURKEY Health Care and Social Assistance

KORET ISRAEL ECONOMIC DEVELOPMENT FUNDS ISRAEL Finance and Insurance

KWAPLAH INTERNATIONAL TRADING CO INC LIBERIA Wholesale Trade

LA FUTURA, S.A. GUATEMALA Agriculture, Forestry, Fishing and Hunting

La Hipotecaria El Salvador EL SALVADOR Finance and Insurance

La Hipotecaria El Salvadorian Mortgage Trust 2016- EL SALVADOR Finance and Insurance

LA HIPOTECARIA PANAMANIAN MORTGAGE TRUST 10 PANAMA Finance and Insurance

La Hipotecaria Panamanian Mortgage Trust 201 PANAMA Finance and Insurance

LAAD Americas NV COLOMBIA Finance and Insurance

LAFISE GROUP PANAMA, INC. PANAMA Finance and Insurance

Lake Turkana -- Nedbank Limited KENYA Utilities

Lake Turkana - The Standard Bank of South Africa KENYA Utilities

Latam V LATIN AMERICA REGION Finance and Insurance

Latin Power III Investments, L.P. (Conduit) LATIN AMERICA REGION Finance and Insurance

LCF SPV ALL OPIC COUNTRIES Finance and Insurance

LEBANESE AMERICAN UNIVERSITY LEBANON Educational Services

Letshego Holdings Limited AFRICA REGIONAL Finance and Insurance

Levered Alsis Mexico Housing Opportunities, L.P. MEXICO Finance and Insurance

LIBERIAN ENTERPRISE DEVELOPMENT FINANCE CO. LIBERIA Finance and Insurance

Livelihood Impact Fund, L.P. ASIA REGIONAL Finance and Insurance

LLC "WINNER IMPORTS UKRAINE, LTD" UKRAINE Retail Trade

Los Santos Solar I, S.A.P.I. de C.V. MEXICO Utilities

Maarifa Edu Holdings Limited AFRICA REGIONAL Finance and Insurance

Master Wind Energy Limited PAKISTAN Utilities

Materiales Vista Bahia PANAMA Construction

Mawingu Networks KENYA Information

MCE Social Capital Loan ALL OPIC COUNTRIES Finance and Insurance

MEII 2- Quds Bank 2 (SME Increase) WEST BANK Finance and Insurance

MEII 3 - Bank of Jordan WEST BANK Finance and Insurance

MEII 3 - Bank of Palestine WEST BANK Finance and Insurance

MEII 3 - Cairo Amman Bank WEST BANK Finance and Insurance

MEII 3 - Jordan Ahli Bank WEST BANK Finance and Insurance

MEII 3 - National Bank WEST BANK Finance and Insurance
Page 39 

PROJECT NAME COUNTRY SECTOR

MEII 3 - Quds Bank WEST BANK Finance and Insurance

MEII-2- CAIRO AMMAN BANK (SME INCREASE) WEST BANK Finance and Insurance

MEII-2-ARAB BANK WEST BANK Finance and Insurance

MEII-2-Bank of Jordan WEST BANK Finance and Insurance

MEII-2-Bank of Jordan2 WEST BANK Finance and Insurance

MEII-2-BANK OF PALESTINE (SME INCREASE) WEST BANK Finance and Insurance

MEII-2-JORDAN AHLI BANK (SME) WEST BANK Finance and Insurance

MEII-2-PALESTINE COMMERCIAL BANK WEST BANK Finance and Insurance

MEII-2-Palestine Commercial Bank 2 WEST BANK Finance and Insurance

MEII-2-QUDS BANK (SME) WEST BANK Finance and Insurance

MEII-BANK OF PALESTINE WEST BANK Finance and Insurance

MEII-BANK OF PALESTINE (MOVENPICK) WEST BANK Accommodation and Food Services

MEII-CAIRO AMMAN BANK WEST BANK Finance and Insurance

MEII-CAIRO AMMAN BANK (MOVENPICK) WEST BANK Accommodation and Food Services

MEII-HOUSING BANK FOR TRADE AND FINANCE WEST BANK Finance and Insurance

MEII-JORDAN AHLI BANK WEST BANK Finance and Insurance

MEMC ELECTRONICS MATERIALS, INC. INDIA Utilities

MFX Solutions II ALL OPIC COUNTRIES Finance and Insurance

MFX SOLUTIONS, INC. ALL OPIC COUNTRIES Finance and Insurance

MIBANCO-IFC SYNDICATION PERU Finance and Insurance

MicroBuild Fund ALL OPIC COUNTRIES Finance and Insurance

MICROBUILD I, LLC ALL OPIC COUNTRIES Finance and Insurance

MICROCREDIT ENTERPRISES ALL OPIC COUNTRIES Finance and Insurance

MICROFINANCE GROWTH FUND, LLC LATIN AMERICA REGION Finance and Insurance

MICROVEST + PLUS AZERBAIJAN Finance and Insurance

MICROVEST I, LP ALL OPIC COUNTRIES Finance and Insurance

Microvest Short Duration Fund LP NICARAGUA Finance and Insurance

MicroVest Short Duration Fund, LP GEORGIA Finance and Insurance

MicroVest+Plus, LP ALL OPIC COUNTRIES Finance and Insurance

MIDDLE EAST INVESTMENT INITIATIVE, INC. GAZA Finance and Insurance

MIDDLE EAST INVESTMENT INITIATIVE,INC. GAZA Finance and Insurance

Miranda Falcon Realty Ltd WEST BANK Construction

Mobius Motors Kenya Limited KENYA Manufacturing

Moquegua FV S.A.C. PERU Utilities

MORGAN STANLEY INCORPORATED RUSSIA Finance and Insurance

MORGANTI DEVELOPMENT L L C WEST BANK AND GAZA Utilities

MTANGA FARMS LIMITED TANZANIA Manufacturing

MULTILATERAL INVESTMENT GUARANTEE AGENCY NIGERIA Utilities

NATIONAL UNION FIRE INSURANCE CO OF PITTSBURGH PA ECUADOR Transportation and Warehousing

Negev Energy ISRAEL Utilities

New York Pizza Co Ltd. RUSSIA Accommodation and Food Services

NEXTGEN SOLAWAZI LIMITED TANZANIA Utilities

NORC Egypt Oil Recycling Company EGYPT Manufacturing

NU STRATA LOGISTICS LIBERIA Transportation and Warehousing

Numotech RUSSIA Manufacturing

O&S CONSULTING LLC UZBEKISTAN Accommodation and Food Services

Olympus Capital Asia Catalyst Fund, L.P. ASIA REGIONAL Finance and Insurance

One Acre Fund AFRICA REGIONAL Finance and Insurance

Orpower 4 Geothermal KENYA Utilities

PACIFIC COLLECTION COMPANY/TRIBAL LOOM AFGHANISTAN Manufacturing

PALADIN REALTY LATIN AMERICA INVESTORS III LATIN AMERICA REGION Finance and Insurance
Page 40 

APPENDIX C – PROJECT EMISSIONS CALCULATIONS

This appendix contains the inputs, data sources, and calculations used to estimate the 

emissions for each of the projects in OPIC’s CY 2015 GHG inventory. If project sponsor

feedback was submitted in the years from 2007–2014, emissions estimates from those 

years are also presented in this Appendix C.

TIER A PROJECTS 

AES Jordan 

Maximum Potential-to-Emit Estimate

AES Jordan’s maximum PTE estimate of 1,545,173 short tons of CO2e was calculated 

using the following information: 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 370 MW Project Description

Emission Factor 390 g CO2/kWh IFC 2006

Load Adjustment Factor 85/70 Engineering adjustment to align 

maximum PTE with operational data 

supplied by project sponsor for 

inventory years 2009 through 2012.

Maximum Potential-to-Emit = 1,545,173 short tons of CO2e per year =

370MW * 1000kW * 8000hr * 85 * 390 g CO2 * 0.0000011023 short tons

 MW yr 70 kWh g

2007 Emissions Estimate 

AES Jordan was under construction and not operational during 2007. Since emissions 

from construction would be below the 100,000 short ton threshold, this project was 

omitted from the 2007 inventory.

2008 Emissions Estimate 

AES Jordan’s emissions estimate of 590,940 short tons of CO2e for 2008 was calculated 

using the following information: 

Data Value Source

Fuel Type Natural Gas Project Sponsor

Net Energy Generated 10,103,603 MMBtu Project Sponsor

Emission Factor 53.06 kg CO2/MMBtu TCR, Table 12.1

Emissions = 590,940 short tons of CO2e per year =

10,103,603 MMBtu * 53.06 kg CO2 * 0.0011023 short tons

 MMBtu kg
Page 41 

2009 Emissions Estimate 

AES Jordan’s emissions estimate of 1,318,130 short tons of CO2e for 2009 was 

calculated using the following information: 

Data Value Source

Fuel Type Natural Gas Project Sponsor

Net Energy Generated 22,536,748 MMBtu Project Sponsor

Emission Factor 53.06 kg CO2/MMBtu TCR, Table 12.1

Emissions = 1,318,130 short tons CO2e per year =

22,536,748 MMBtu * 53.06 kg CO2 * 0.0011023 short tons

 MMBtu kg

2010 Emissions Estimate 

AES Jordan’s emissions estimate of 1,434,569 short tons of CO2e for 2010 was 

calculated using the following information: 

Data Value Source

Unit 1 Emissions 678,706,541 kg CO2 Project Sponsor

Unit 2 Emissions 622,726,311 kg CO2 Project Sponsor

Emissions = 1,434,569 short tons of CO2e per year = 

(678,706,541 kg CO2 + 622,726,311 kg CO2) * 0.0011023 short tons

 kg

2011 Emissions Estimate 

AES Jordan’s emissions estimate of 1,184,010 short tons of CO2e for 2011 was 

calculated using the following information: 

Data Value Source

Fuel Type Natural Gas & Diesel Project Sponsor

Total Natural Gas 

Consumption

11,618,556 MMBtu Project Sponsor

Total Diesel Consumption 6,256,271 MMBtu Project Sponsor

Emission Factor Natural 

Gas

53.06 kg CO2/MMBtu TCR, Table 12.1

Emissions Factor Diesel 73.15 kg CO2/MMBtu The Climate Registry, 

Table 12-1

Emissions = 1,184,010 short tons CO2e per year = 

11,618,556 MMBtu * 53.06 kg CO2 * 0.0011023 short tons + 

 MMBtu kg

 

6,256,271 MMBtu * 73.15 kg CO2 * 0.0011023 short tons

 MMBtu kg
Page 42 

2012 Emissions Estimate 

AES Jordan’s emissions estimate of 936,400 short tons of CO2e for 2012 was calculated 

using the following information: 

Data Value Source

Fuel Type Natural Gas & Diesel Project Sponsor

Total Natural Gas 

Consumption

5,069,853 MMBtu Project Sponsor

Total Diesel Consumption 7,851,448 MMBtu Project Sponsor

Emission Factor Natural 

Gas

53.02 kg CO2/MMBtu TCR 2013

Emissions Factor Diesel 73.96 kg CO2/MMBtu TCR 2013

Emissions = 936,400 short tons CO2e per year =

5,069,853 MMBtu * 53.02 kg CO2 * 0.0011023 short tons + 

 MMBtu kg

 

7,851,448 MMBtu * 73.96 kg CO2 * 0.0011023 short tons

 MMBtu kg

2013 Emissions Estimate 

AES Jordan’s emissions estimate of 1,514,054 short tons of CO2e for 2013 was 

calculated using the following information: 

Data Value Source

Fuel Type Natural Gas & Diesel Project Sponsor

Natural Gas Consumption

(Lower Heating Value) 

12,225,754.91 MMBtu Project Sponsor

Diesel Consumption

(Lower Heating Value)

8,284,455.54 MMBtu Project Sponsor

Natural Gas - Conversion 

Factor to Higher Heating 

Value

1.10786 GREET

Diesel - Conversion Factor 

to Higher Heating Value

1.069685 GREET

Emission Factor Natural 

Gas

53.02 kg CO2/MMBtu TCR 2013

Emissions Factor Diesel 73.96 kg CO2/MMBtu TCR 2013

Emissions = 1,514,054 short tons CO2e per year =

12,225,754.91 MMBtu * 53.02 kg CO2 * 0.0011023 short tons * 1.10786 + 

 MMBtu kg

 
Page 43 

8,284,455.54 MMBtu * 73.96 kg CO2 * 0.0011023 short tons * 1.069685

 MMBtu kg

2014 Emissions Estimate 

AES Jordan’s emissions estimate of 1,203,945 short tons of CO2e for 2014 was 

calculated using the following information: 

Data Value Source

Fuel Type Natural Gas & Diesel Project Sponsor

Natural Gas Consumption

(Lower Heating Value) 

4,415,255.552 MMBtu Project Sponsor

Diesel Consumption

(Lower Heating Value)

10,527,411.68 MMBtu Project Sponsor

Natural Gas - Conversion 

Factor to Higher Heating 

Value

1.1079 GREET

Diesel - Conversion Factor 

to Higher Heating Value

1.069685 GREET

Emission Factor Natural 

Gas

53.02 kg CO2/MMBtu TCR 2014

Emissions Factor Diesel 73.96 kg CO2/MMBtu TCR 2014

Emissions = 1,203,945 short tons CO2e per year =

4,415,255.552 MMBtu * 53.02 kg CO2 * 0.0011023 short tons * 1.1079 + 

 MMBtu kg

 

10,527,411.68 MMBtu * 73.96 kg CO2 * 0.0011023 short tons * 1.069685

 MMBtu kg

2015 Emissions Estimate Based 

AES Jordan’s emissions estimate of 949,925 short tons of CO2e for 2015 was calculated 

using the following information: 
Page 44 

Data Value Source

Fuel Type Natural Gas & Diesel Project Sponsor

Natural Gas Consumption

(Lower Heating Value) 

13,065,796 MMBtu Project Sponsor

Diesel Consumption

(Lower Heating Value)

1,184,608 MMBtu Project Sponsor

Natural Gas - Conversion 

Factor to Higher Heating 

Value

1.10786 GREET

Diesel - Conversion Factor 

to Higher Heating Value

1.069685 GREET

Emission Factor Natural 

Gas

53.06 kg CO2/MMBtu TCR 2015

Emissions Factor Diesel 73.96 kg CO2/MMBtu TCR 2014

Emissions = 949,925 short tons CO2e per year =

13,065,796 MMBtu * 53.06 kg CO2 * 0.0011023 short tons * 1.10786 + 

 MMBtu kg

 

1,184,608 MMBtu * 73.96 kg CO2 * 0.0011023 short tons * 1.069685

 MMBtu kg

AES Levant 

Maximum Potential-to-Emit Estimate

AES Levant’s maximum PTE estimate of 1,409,533 short tons of CO2e was calculated 

using the following information: 

Data Value Source

Fuel Type Heavy Fuel Oil Project Description

Capacity 240 MW Project Description

Emission Factor 666 gCO2/kWh IFC 2012

Conversion Factor 1000 kWh/MWh TCR, Appendix C

Conservative Operating 

Assumption

8000 hr/yr EIA Form 923 data, 2007

Maximum Potential-to-Emit = 1,409,533 short tons of CO2e per year =

240MW * 666 g CO2 * 1000 kWh * 8000 hr * 1.1023 x 10-6 short tons

 kWh MWh yr g

2014 Emissions Estimate

AES Levant’s 2014 emissions estimate of 467,262 short tons CO2e was calculated using 

the following information:
Page 45 

Data Value Source

Consumption Heavy Fuel Oil 5,600,812.08MMBtu Project Sponsor 

Residual Fuel Oil Emission Factor 75.1 kg CO2/MMBtu TCR 2014

Consumption Distillate Fuel 44,293.51 MMBtu Project Sponsor

Distillate Fuel Oil Emission Factor 73.96 kg CO2/MMBtu TCR 2014

Conversion Factor 0.0011023 short tons/kg TCR 2008

Emissions = 467,262 short tons of CO2e per year =

5,600,812.08 MMBtu * 75.1 kg CO2 * 0.0011023 short tons +

 MMBtu kg

44,293.51 MMBtu * 73.96 kg CO2 * 0.0011023 short tons

 MMBtu kg

2015 Emissions Estimate

AES Levant’s 2015 emissions estimate of 685,110 short tons CO2e was calculated using 

the following information:

Data Value Source

Consumption Heavy Fuel Oil 7,738,256.34 MMBtu Project Sponsor 

Residual Fuel Oil Emission Factor 75.1 kg CO2/MMBtu TCR 2014

Consumption Distillate Fuel 48,223.72 MMBtu Project Sponsor

Distillate Fuel Oil Emission Factor 73.96 kg CO2/MMBtu TCR 2014

Consumption Natural Gas 693,890 MMBtu Project Sponsor

Natural Gas Emission Factor 53.06 kg CO2/MMBtu TCR 2015

Conversion Factor 0.0011023 short tons/kg TCR 2008

Emissions = 685,110 short tons of CO2e per year =

7,738,256.34 MMBtu * 75.1 kg CO2 * 0.0011023 short tons +

 MMBtu kg

48,223.72 MMBtu * 73.96 kg CO2 * 0.0011023 short tons + 

 MMBtu kg

693,890 MMBtu * 53.06 kg CO2 * 0.0011023 short tons

 MMBtu kg 

Contour Global – Togo

Maximum Potential-to-Emit Estimate

Contour Global Togo’s maximum PTE estimate of 587,305 short tons of CO2e was 

calculated using the following information: 
Page 46 

Data Value Source

Fuel Type Fuel Oil Project Description

Capacity 100 MW Project Description

Emission Factor for Electricity 

Generation from Fuel Oil Combustion

666 g CO2/kWh IFC 2012

Maximum Potential-to-Emit = 587,305 short tons of CO2e per year =

100MW * 1000kW * 8000hr * 666 gCO2 * 0.0000011023 short tons

 MW yr kWh g

2011 Emissions Estimate 

Contour Global Togo’s 2011 emissions estimate of 46,561 short tons CO2e was 

calculated using the following information:

Data Value Source

2011 Emissions 42,239,975 kg Project Sponsor

Conversion Factor 0.0011023 short ton/kg TCR 2008

Emissions = 46,561 short tons of CO2e per year =

42,239,975 kg * 0.0011023 short ton .

 kg

2012 Emissions Estimate 

Contour Global Togo’s 2012 emissions estimate of 126,192 short tons CO2e was 

calculated using the following information:

Data Value Source

Natural Gas Consumption 16,746,179 m3 Project Sponsor

Conversion Factor 35.314 scf/m3

Natural Gas Calorific Value 1,028 MMBtu/mmscf TCR 2013

Natural Gas Emission Factor 53.02 kg CO2/MMBtu TCR 2013

Heavy Fuel Oil (HFO) 

Consumption

25,417,990 kg Project Sponsor

HFO Net Calorific Value 40.4 TJ/Gg IPCC 2006. Vol. 2, Chap. 1

HFO Emission Factor 77,400 kg CO2/TJ IPCC 2006. Vol. 2, Chap. 1

Light Fuel Oil (LFO) 

Consumption

868,358 kg Project Sponsor

LFO Net Calorific Value 43.0 TJ/Gg IPCC 2006. Vol. 2, Chap. 1

LFO Emissions Factor 74,100 kg CO2/TJ IPCC 2006. Vol. 2, Chap. 1

Conversion Factor 0.0011023 short ton/kg
Page 47 

Emissions = 126,192 short tons of CO2e per year = 

16,746,179 m3* 35.314 ft3* 10-6 mmscf * 1,028 MMBtu * 53.02 kg CO2 * 0.0011023 short tons + 

m3 scf mmscf MMBtu kg

25,417,990 kg * 10-6 Gg * 40.4 TJ * 77,400 kg CO2 * 0.0011023 short ton +

 kg Gg TJ kg

868,358 kg * 10-6 Gg * 43.0 TJ * 74,100 kg CO2 * 0.0011023 short ton

 kg Gg TJ kg

2013 Emissions Estimate 

Contour Global Togo’s 2013 emissions estimate of 161,830 short tons CO2e was 

calculated using the following information:

Data Value Source

Natural Gas Consumption 16,370,416 m3 Project Sponsor

Natural Gas Higher Heating 

Value

1,028 MMBtu/mmscf

TCR 2013

Natural Gas Emission Factor 53.02 kg CO2/MMBtu TCR 2013

Heavy Fuel Oil (HFO) 

Consumption

34,190,245 kg Project Sponsor

HFO Gross Calorific Value 43 TJ/Gg National Physical 

Laboratory, 2015

HFO Emission Factor 77,400 kg CO2/TJ IPCC 2006. Vol. 2, Chap. 1

Light Fuel Oil (LFO) 

Consumption

463,096 kg Project Sponsor

LFO Gross Calorific Value 44 TJ/Gg National Physical 

Laboratory, 2015

LFO Emissions Factor 74,100 kg CO2/TJ IPCC 2006. Vol. 2, Chap. 1

Conversion Factor 35.314 scf/m3

Conversion Factor 0.0011023 short ton/kg

Emissions = 161,830 short tons of CO2e per year = 

16,370,416 m3* 35.314 ft3* 10-6 mmscf * 1,028 MMBtu * 53.02 kg CO2 * 0.0011023 short tons + 

m3 scf mmscf MMBtu kg

34,190,245 kg * 10-6 Gg * 43 TJ * 77,400 kg CO2 * 0.0011023 short ton +

 kg Gg TJ kg

463,096 kg * 10-6 Gg * 44 TJ * 74,100 kg CO2 * 0.0011023 short ton

 kg Gg TJ kg

2014 Emissions Estimate 

Contour Global Togo’s 2014 emissions estimate of 55,467 short tons CO2e was 

calculated using the following information:
Page 48 

Data Value Source

Natural Gas Consumption 383,164 m3 Project Sponsor

Natural Gas Higher Heating 

Value

1,028 MMBtu/mmscf

TCR 2014

Natural Gas Emission Factor 53.02 kg CO2/MMBtu TCR 2014

Heavy Fuel Oil (HFO) 

Consumption

14,827,389 kg Project Sponsor

HFO Gross Calorific Value 43 TJ/Gg National Physical 

Laboratory, 2015

HFO Emission Factor 77,400 kg CO2/TJ IPCC 2006. Vol. 2, Chap. 1

Light Fuel Oil (LFO) 

Consumption

71,442 kg Project Sponsor

LFO Gross Calorific Value 44 TJ/Gg National Physical 

Laboratory, 2015

LFO Emissions Factor 74,100 kg CO2/TJ IPCC 2006. Vol. 2, Chap. 1

Conversion Factor 0.0011023 short ton/kg

Conversion Factor 35.314 scf/m3

Emissions = 55,467 short tons of CO2e per year = 

383,164 m3* 35.314 ft3* 10

-6 mmscf * 1,028 MMBtu * 53.02 kg CO2 * 0.0011023 short tons + 

 m3 scf mmscf MMBtu kg

14,827,389 kg * 10

-6 Gg * 43 TJ * 77,400 kg CO2 * 0.0011023 short ton +

 kg Gg TJ kg

71,442 kg * 10-6 Gg * 44 TJ * 74,100 kg CO2 * 0.0011023 short ton +

 kg Gg TJ kg

2015 Emissions Estimate 

Contour Global Togo’s 2015 emissions estimate of 210,901 short tons CO2e was 

calculated using the following information:
Page 49 

Data Value Source

Natural Gas Consumption 37,671,209 m3 Project Sponsor

Natural Gas Higher Heating 

Value

1,028 MMBtu/mmscf

TCR 2014

Natural Gas Emission Factor 53.06 kg CO2/MMBtu TCR 2015

Heavy Fuel Oil (HFO) 

Consumption

34,704,085 kg Project Sponsor

HFO Gross Calorific Value 43 TJ/Gg National Physical 

Laboratory, 2015

HFO Emission Factor 77,400 kg CO2/TJ IPCC 2006. Vol. 2, Chap. 1

Light Fuel Oil (LFO) 

Consumption

1,000,688 kg Project Sponsor

LFO Gross Calorific Value 44 TJ/Gg National Physical 

Laboratory, 2015

LFO Emissions Factor 74,100 kg CO2/TJ IPCC 2006. Vol. 2, Chap. 1

Conversion Factor 0.0011023 short ton/kg

Conversion Factor 35.314 scf/m3

Emissions = 210,901 short tons of CO2e per year = 

37,671,209 m3* 35.314 ft3* 10-6 mmscf * 1,028 MMBtu * 53.06 kg CO2 * 0.0011023 short tons + 

 m3 scf mmscf MMBtu kg

34,704,085 kg * 10

-6 Gg * 43 TJ * 77,400 kg CO2 * 0.0011023 short ton +

 kg Gg TJ kg

1,000,688 kg * 10

-6 Gg * 44 TJ * 74,100 kg CO2 * 0.0011023 short ton +

 kg Gg TJ kg

Gaza Private Generating PLC 

Maximum Potential-to-Emit Estimate

Gaza Private Generating PLC’s maximum PTE estimate of 481,485 short tons of CO2e

was calculated using the following information: 

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 140 MW Project Description

Emission Factor 390 g CO2/kWh IFC 2012

Maximum Potential-to-Emit = 481,485 short tons of CO2e per year =

140MW * 1000kW * 8000hr * 390 g CO2 * 0.0000011023 short tons

 MW yr kWh g
Page 50 

2007 Emissions Estimate 

Gaza Private Generating PLC’s 2007 emissions estimate of 293,804 short tons of CO2e

was calculated using the following information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 136.4 MW Project Sponsor

2007 Emissions 266,539 metric tons Project Sponsor

Emissions = 293,804 short tons of CO2e per year =

266,539 metric tons * short ton .

 0.9072 metric tons

2008 Emissions Estimate 

Gaza Private Generating PLC’s 2008 emissions estimate of 303,535 short tons CO2e

was calculated using the following information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 136.4 MW Project Sponsor

2008 Emissions 275,367 metric tons Project Sponsor

Emissions = 303,535 short tons of CO2e per year =

275,367 metric tons * short ton .

 0.9072 metric tons

2009 Emissions Estimate 

Gaza Private Generating PLC’s emissions estimate of 325,926 short tons of CO2e was 

calculated using the following information:

Data Value Source

Fuel Type LFO No.2 Project Description

Capacity 80 MW (2009 Capacity) Project Sponsor

2009 Emissions 295,680 metric tons Project Sponsor

Emissions = 325,926 short tons of CO2e per year =

295,680 metric tons * short ton .

 0.9072 metric tons

2010 Emissions Estimate 

Gaza Private Generating PLC’s emissions estimate of 228,627 short tons of CO2e was 

calculated using the following information:
Page 51 

Data Value Source

Fuel Type LFO No.2 Project Description

Capacity 80 MW (2009 Capacity) Project Sponsor

2010 Emissions 207,410 metric tons Project Sponsor

Emissions = 228,627 short tons of CO2e per year =

207,410 metric tons * short ton .

 0.9072 metric tons

2011 Emissions Estimate 

Gaza Private Generating PLC’s emissions estimate of 405,262 short tons of CO2e was 

calculated using the following information:

Data Value Source

Fuel Type LFO No.2 Project Description

Capacity 80 MW (2009 Capacity) Project Sponsor

2011 Emissions 367,654 metric tons Project Sponsor

Emissions = 405,262 short tons of CO2e per year =

367,654 metric tons * short tons .

 0.9072 metric tons

2012 Emissions Estimate 

Gaza Private Generating PLC’s emissions estimate of 192 short tons of CO2e was 

calculated using the following information:

Data Value Source

Fuel Type Natural Gas Project Sponsor

Natural Gas Consumption 99,093 m3 Project Sponsor

Natural Gas Emission 

Factor

0.05 kg CO2/sfc TCR 2013

Unit Conversion 35.31 scf/ m3

Unit Conversion 0.001 metric tons/kg

Unit Conversion 1.1 short ton/metric 

ton

Emissions = 192 short tons of CO2e per year = 

99,093 m3* 35.31 scf * 0.05 kg CO2 * 0.001 metric tons * 1.1 short ton

 m3 scf kg metric ton

2013 Emissions Estimate

According to Amnesty International news, the Gaza power plant ran at a capacity of 60 

MW approximately 12 hours per day up until November 1, 2013, at which point the plant 

completely shut down. The curtailment in operating days is reflected in the 2013 

emissions estimate of 161,215 short tons of CO2e for Gaza Private Generating PLC.
Page 52 

Data Value Source

Fuel Type Diesel Project Sponsor

Capacity 60 MW Project Sponsor

Hours of operation 12 hours/day Amnesty International News, 

2013

Days of year in operation 305 Amnesty International News, 

2013

Emission Factor 666 kg CO2/MWh IFC 2012

Unit Conversion 0.0011023 short 

tons/kg

Emissions = 161,215 short tons of CO2e per year =

60 MW * 12 hours * 305 days * 666 kg CO2 * 0.0011023 short tons

 day MWh kg

2014 Emissions Estimate

Gaza Private Generating PLC’s 2014 emissions estimate of 193,406 short tons CO2e

was calculated using the following information:

Data Value Source

Fuel Type Diesel Project Sponsor

Diesel Consumption 65,074 m3 Project Sponsor

Conversion Factor 264.172 gallons/m3

Conversion Factor (Diesel) 0.138 MMBtu per gallon Diesel

Emissions Factor (Diesel) 73.96 kg CO2/MMBtu TCR 2014

Emissions = 193,406 short tons of CO2e per year =

65,074 m3* 264.172 gallons * 0.138 MMBtu * 73.96 kg CO2 * 0.0011023

 m3 gallon MMBtu

2015 Emissions Estimate

Gaza Private Generating PLC’s 2015 emissions estimate of 253,808 short tons CO2e

was calculated using the following information:

Data Value Source

Fuel Type Diesel Project Sponsor

Diesel Consumption 85,397 m3 Project Sponsor

Conversion Factor 264.172 gallons/m3

Conversion Factor (Diesel) 0.138 MMBtu per gallon Diesel

Emissions Factor (Diesel) 73.96 kg CO2/MMBtu TCR 2014

Emissions = 253,808 short tons of CO2e per year =

85,397 m3* 264.172 gallons * 0.138 MMBtu * 73.96 kg CO2 * 0.0011023 

 m3 gallon MMBtu
Page 53 

Power Finance Trust Ltd. (formerly ISAGEN S.A.)

Maximum Potential-to-Emit Estimate

Power Finance Trust Ltd.’s initial maximum PTE estimate of 687,835 short tons of CO2e

was calculated using the information below. In subsequent inventories, the maximum PTE 

was set to the peak emissions year. For Power Finance Trust Ltd., emissions peaked at 

980,011 short tons of CO2e in CY 2014.

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 200 MW + 100 MW from 

steam turbine

Project Description

Natural Gas Emission 

Factor 

390 g CO2/kWh IFC 2012

Maximum Potential-to-Emit = 687,835 short tons of CO2e per year

200MW * 1000kW * 8000hr * 390 gCO2 * 0.0000011023 short tons

 MW yr kWh g

2007 Emissions Estimate 

Power Finance Trust Ltd.’s 2007 emissions estimate of 203,010 short tons of CO2e was 

calculated using the following information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 300 MW Project Description

2007 Emissions 184,171 metric tons Project Sponsor

Emissions = 203,010 short tons of CO2e per year

184,171 metric tons * short tons .

 0.9072 metric tons

2008 Emissions Estimate 

Per project sponsor feedback, emissions were below the 100,000 short tons CO2e 

threshold and, thus, were not included in the 2008 inventory.

2009 Emissions Estimate 

Power Finance Trust Ltd.’s 2009 emissions estimate of 300,706 short tons of CO2e was 

calculated using the following information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 300 MW Project Description

2009 Emissions 272,800 metric tons Project Sponsor

Emissions = 300,706 short tons of CO2e per year
Page 54 

272,800 metric tons * short tons .

 0.9072 metric tons

2010 Emissions Estimate 

Power Finance Trust Ltd.’s 2010 emissions estimate of 305,181 short tons of CO2e was 

calculated using the following information:

Data Value Source

Fuel Type Natural Gas Project Description

Capacity 300 MW Project Description

2010 Emissions 276,860 metric tons Project Sponsor

Emissions = 305,181 short tons of CO2e per year

276,860 metric tons * short tons .

 0.9072 metric tons

2011 Emissions Estimate 

No additional data were available. The 2011 emissions estimate defaulted to the 2010 

emissions estimate.

2012 Emissions Estimate 

No additional data were available. The 2012 emissions estimate defaulted to the 2010 

emissions estimate.

2013 Emissions Estimate

Power Finance Trust Ltd.’s 2013 emissions estimate of 775,357 short tons of CO2e was 

calculated using the following information:

Data Value Source

Natural Gas Consumption 13,179,287 MMBtu Project Sponsor

Emissions Factor (Natural 

Gas)

53.02 kg CO2/MMBtu TCR, 2013

Jet Fuel Consumption 267,083 Gallons Project Sponsor

Conversion Factor (Jet Fuel) 0.135 MMBtu/gallon Project Sponsor

Emissions Factor (Jet Fuel) 72.22 kg CO2/MMBtu TCR, 2013

Diesel Consumption 198,811 Gallons Project Sponsor

Conversion Factor (Diesel, 

low sulfur)

0.138 MMBtu/gallon Project Sponsor

Emissions Factor (Diesel, 

low sulfur)

73.96 kg CO2/MMBtu TCR, 2013

Emissions = 775,357 short tons CO2e per year = 

13,179,289 MMBtu * 53.02 kg CO2 + 267,083 gallons * 0.135 MMBtu * 72.22 kg CO2 +

 MMBtu gallon MMBtu

198,811 gallons * 0.138 MMBtu * 73.96 kg CO2 * 0.0011023 short tons

 gallon MMBtu kg
Page 55 

2014 Emissions Estimate

Power Finance Trust Ltd.’s 2014 emissions estimate of 980,011 short tons of CO2e was 

calculated using the following information:

Data Value Source

Natural Gas Consumption 16,730,040 MMBtu Project Sponsor

Emissions Factor (Natural 

Gas)

53.02 kg CO2/MMBtu TCR, 2014

Jet Fuel Consumption 208,589 Gallons Project Sponsor

Conversion Factor (Jet Fuel) 0.135 MMBtu/gallon Project Sponsor

Emissions Factor (Jet Fuel) 72.22 kg CO2/MMBtu TCR, 2014

Diesel Consumption 0 Gallons Project Sponsor

Conversion Factor (Diesel, 

low sulfur)

0.138 MMBtu/gallon Project Sponsor

Emissions Factor (Diesel, 

low sulfur)

73.96 kg CO2/MMBtu TCR, 2014

Emissions = 980,011 short tons CO2e per year = 

16,730,040 MMBtu * 53.02 kg CO2 + 208,589 gallons * 0.135 MMBtu * 72.22 kg CO2 +

 MMBtu gallon MMBtu

0 gallons * 0.138 MMBtu * 73.96 kg CO2 * 0.0011023 short tons

 gallon MMBtu kg

2015 Emissions Estimate

Power Finance Trust Ltd.’s 2015 emissions estimate of 963,992 short tons of CO2e was 

calculated using the following information:

Data Value Source

Natural Gas Consumption 16,357,113 MMBtu Project Sponsor

Emissions Factor (Natural

Gas)

53.06 kg CO2/MMBtu TCR, 2015

Jet Fuel Consumption 85,374 Gallons Project Sponsor

Conversion Factor (Jet Fuel) 0.135 MMBtu/gallon Project Sponsor

Emissions Factor (Jet Fuel) 72.22 kg CO2/MMBtu TCR, 2015

Diesel Consumption 566,967 Gallons Project Sponsor

Conversion Factor (Diesel, 

low sulfur)

0.138 MMBtu/gallon Project Sponsor

Emissions Factor (Diesel, 

low sulfur)

73.96 kg CO2/MMBtu TCR, 2014
Page 56 

Emissions = 963,992 short tons CO2e per year = 

16,357,113 MMBtu * 53.06 kg CO2 + 85,374 gallons * 0.135 MMBtu * 72.22 kg CO2 +

 MMBtu gallon MMBtu

566,967 gallons * 0.138 MMBtu * 73.96 kg CO2 * 0.0011023 short tons

 gallon MMBtu kg

TIER B PROJECTS

Pannonia Ethanol

Maximum Potential-to-Emit Estimate

Pannonia’s initial maximum PTE estimate of 110,543 short tons of CO2e was calculated 

using the information below. In subsequent inventories, the maximum PTE was set to the 

peak emissions year. Pannonia’s emissions peaked at 113,785 short tons of CO2e in 

CY 2015.

Data Value Source

Natural Gas Throughput 7,100 m3/hr Project Description

Natural Gas Emission Factor 0.05 kg CO2/scf TCR 2013

Operating Assumption 8,000 hr/yr

Conversion Factor 0.02832 m3/scf

Conversion Factor 907.18 kg/short tons

Maximum Potential-to-Emit = 110,543 short tons of CO2e per year = 

7,100 m3* 8,000 hr * 1 scf * 0.05 kg CO2 * 1 short tons

 hr yr 0.02832 m3 scf 907.18 kg

2012 Emissions Estimate

Pannonia’s 2012 emissions estimate of 64,244 short tons of CO2e was based on the 

project sponsor’s certified 2012 Environmental and Social Compliance Report:

Data Value Source

Emissions 58,282 metric tons CO2e Project Sponsor

Conversion Factor 0.9072 metric ton/short ton

Emissions = 64,244 short tons of CO2e per year = 

58,282 metric tons CO2e * 1 short ton

0.9072 metric ton
Page 57 

2013 Emissions Estimate

Pannonia’s 2013 emissions estimate of 93,251 short tons of CO2eq was based on the 

project sponsor’s certified 2013 Environmental and Social Compliance Report:

Data Value Source

Emissions 84,597 metric tons CO2e Project Sponsor

Conversion Factor 0.9072 metric ton/short ton

Emissions = 93,251 short tons of CO2e per year =

84,597 metric tons CO2e * 1 short ton

0.9072 metric ton

2014 Emissions Estimate

Pannonia’s 2014 emissions estimate of 101,474 short tons of CO2e was based on 

project sponsor’s feedback.

Data Value Source

Emissions 92,057 metric tons CO2e Project Sponsor

Conversion Factor 0.9072 metric ton/short ton

Emissions = 101,474 short tons of CO2e per year =

92,057 metric tons CO2e * 1 short tons

0.9072 metric ton

2015 Emissions Estimate

Pannonia’s 2015 emissions estimate of 113,785 short tons of CO2e was based on 

project sponsor’s feedback.

Data Value Source

Emissions 103,226 metric tons CO2e Project Sponsor

Conversion Factor 0.9072 metric ton/short ton

Emissions = 113,785 short tons of CO2e per year =

103,226 metric tons CO2e * 1 short tons

0.9072 metric tons

Various Egypt Subsidiaries (Apache) 

Maximum Potential-to-Emit Estimate

Various Egypt Subsidiaries (Apache)’s initial maximum PTE estimate of 2,429,543 short 

tons of CO2e was originally calculated for the CY 2007 GHG inventory using an example 

from API for a similar oil and gas extraction and processing facility. The API example 

produced 6,100 barrels of oil per day and 30 mmscf natural gas per day for annual 

emissions of 108,000 metric tons of CO2, approximately one-tenth the amount of 

Apache’s estimated footprint. In subsequent GHG inventories, it became evident that 

Apache’s maximum potential-to-emit is commensurate to added production capacity, so 
Page 58 

the maximum PTE was set to the peak emissions year. Various Egypt Subsidiaries’

emissions peaked at 4,438,554 short tons of CO2e in CY 2011.

Data Value Source

Fuel Type Oil and Natural Gas Project Description

Production 

Volumes

29,934,702 barrels oil per year

89,910 mmscf natural gas per year

Project Description

“Emissions 

Factors”

108,000 metric tons CO2 per year for a 

facility that produces 6100 barrels oil per 

day and 30 mmscf natural gas per day

API 2004, Table 7-4

Multiplication 

Factor

10 Factor applied to account for 

approximate size 

discrepancy between 

Apache and example

Operating 

Capacity 

Adjustment

49% Project Sponsor

Maximum Potential-to-Emit = 2,429,543 short tons of CO2e per year =

108,000 metric tons CO2 * short tons * 10 * 1

yr 0.9072 metric tons 0.49

2007 Emissions Estimate

Various Egypt Subsidiaries (Apache)’s 2007 emissions estimate of 3,071,932 short tons 

of CO2e was calculated using the following information:

Data Value Source

2007 Emissions 1,365,560 metric tons Project Sponsor

Operating Capacity Adjustment 49% Project Sponsor

Emissions = 3,071,932 short tons of CO2e per year =

1,365,560 metric tons * short ton * 1 

 0.9072 metric tons 0.49

2008 Emissions Estimate

Various Egypt Subsidiaries (Apache)’s 2008 emissions estimate of 3,244,189 short tons 

of CO2e was calculated using the following information:

Data Value Source

Net Emissions 1,464,566 metric tons Project Sponsor

Operating Capacity Adjustment 49% Project Sponsor

Emissions = 3,244,189 short tons of CO2e per year =

1,464,566 metric tons * short tons * 1 

 0.9072 metric tons 0.49
Page 59 

2009 Emissions Estimate

Various Egypt Subsidiaries (Apache)’s 2009 operational emissions of 3,294,654 short 

tons of CO2e were calculated using the following information:

Data Value Source

Net Emissions 1,464,566 metric tons Project Sponsor

Operating Capacity Adjustment 49% Project Sponsor

Emissions = 3,294,654 short tons of CO2e per year =

1,464,566 metric tons * 1 short ton . * 1

 0.9072 metric ton 0.49

2010 Emissions Estimate

Various Egypt Subsidiaries (Apache)’s 2010 emissions estimate of 3,465,842 short tons 

of CO2e was calculated using the following information:

Data Value Source

Net Emissions 1,540,664 metric tons Project Sponsor

Operating 

Capacity

49% Project Sponsor

Emissions = 3,465,842 short tons of CO2e per year

1,540,664 metric tons * 1 short ton . * 1

 0.9072 metric ton 0.49

2011 Emissions Estimate

Various Egypt Subsidiaries (Apache)’s 2011 gross emissions estimate of 4,438,554 short 

tons of CO2e was calculated using the following information:

Data Value Source

Gross Emissions 4,026,656 metric tons Project Sponsor

Emissions = 4,438,554 short tons of CO2e per year

4,026,656 metric tons * 1 short ton 

 0.9072 metric ton

2012 Emissions Estimate

Various Egypt Subsidiaries (Apache)’s 2012 gross emissions estimate of 4,178,447 short 

tons of CO2e was calculated using the following information:
Page 60 

Data Value Source

Gross Emissions 3,790,687 metric tons Project Sponsor

Emissions = 4,178,447 short tons of CO2e per year =

3,790,687 metric tons * 1 short ton 

 0.9072 metric ton

2013 Emissions Estimate

Various Egypt Subsidiaries (Apache)’s 2013 gross emissions estimate of 4,056,437 short 

tons of CO2e was calculated using the following information: 

Data Value Source

Gross Emissions 3,680,000 metric tons Project Sponsor

Emissions = 4,056,437 short tons of CO2e per year =

3,680,000 metric tons * 1 short ton 

 0.9072 metric ton

2014 Emissions Estimate

Various Egypt Subsidiaries (Apache)’s 2014 gross emissions estimate of 4,012,346 short 

tons of CO2e was calculated using the following information: 

Data Value Source

Gross Emissions 3,640,000 metric tons Project Sponsor

Emissions = 4,012,346 short tons of CO2e per year =

3,640,000 metric tons * 1 short ton 

 0.9072 metric ton

2015 Emissions Estimate

Various Egypt Subsidiaries (Apache)’s 2015 gross emissions estimate of 3,891,093 short 

tons of CO2e was calculated using the following information: 

Data Value Source

Gross Emissions 3,530,000 metric tons Project Sponsor

Emissions = 3,891,093 short tons of CO2e per year =

3,530,000 metric tons * 1 short ton 

 0.9072 metric ton
Page 61 

West African Gas Pipeline 

Maximum Potential-to-Emit Estimate

The West African Gas Pipeline’s maximum PTE calculation of 189,800 short tons of 

CO2e accounts for both combustion emissions from the compression and transmission of 

natural gas, as well as venting and fugitive emissions, using the following information:

Data Value Source

Pipeline Throughput 190 mmscf per day Project Description

Operating Assumption 333 days per year

Conversion Factor 0.02832 106 m3 per mmscf

Fugitive Emissions Factor (CH4) 1.1x10-3 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

Fugitive Emissions Factor (CO2) 2.0x10-6 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

Venting Emissions Factor (CH4) 7.4x10-4 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

Venting Emissions Factor (CO2) 7.3x10-6 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

Storage Emissions Factor (CH4) 5.8x10-5 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

Storage Emissions Factor (CO2) 2.6x10-7 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

CH4 Global Warming Potential 21 SAR

Fraction of pipeline throughput 

used to power the system

0.02925 EIA 2008

Natural Gas Combustion Factor 0.05444 kg CO2 per scf TCR 2015

Conversion Factor 0.0011023 short tons per kg

Total Emissions = 189,800 short tons of CO2e = Fugitive + Combustion Emissions 

Fugitive Emissions = 78,743 short tons of CO2e =

190 mmscf * 333 days * 0.02832 * 106 m3 * 

 year mmscf 

(1.1*10-3 Gg CH4 * 21) + (2.0*10-6 Gg CO2) + (7.4*10-4 Gg CH4 * 21) +

 106 m3 106 m3 106 m3

(7.3 * 10-6 Gg CO2) + (5.8x10-5 Gg CH4 * 21) + (2.6x10-7 Gg CO2) *

 106 m3 106 m3 106 m3

106 kg * 0.0011023 short tons

 Gg kg

Combustion Emissions = 111,057 short tons of CO2e =

190 mmscf * 333 days * 106 scf * 0.02925 * 0.05444 kg CO2 * 0.0011023 short tons

 day year 1 mmscf scf kg

 
Page 62 

2007 Emissions Estimate 

The West African Gas Pipeline was under construction and not operational during 2007. 

Since emissions from construction would have been below the 100,000 short ton 

threshold, this project was omitted from the 2007 inventory.

2008 Emissions Estimate 

The West African Gas Pipeline was not operational during 2008. Since emissions would 

have been below the 100,000 short ton threshold, this project was omitted from the 2008 

inventory.

2009 Emissions Estimate 

No additional data were available. 2009 data defaulted to the maximum potential-toemit.

2010 Emissions Estimate 

West African Gas Pipeline’s 2010 emissions estimate of 70,925 short tons of CO2e was 

calculated using the following information:

Data Value Source

Pipeline Throughput 71 mmscf per day Project Description

Operating Assumption 333 days per year

Conversion Factor 0.02832 106 m3 per mmscf

Fugitive Emissions Factor (CH4) 1.1x10-3 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

Fugitive Emissions Factor (CO2) 2.0x10-6 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

Venting Emissions Factor (CH4) 7.4x10-4 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

Venting Emissions Factor (CO2) 7.3x10-6 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

Storage Emissions Factor (CH4) 5.8x10-5 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

Storage Emissions Factor (CO2) 2.6x10-7 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

CH4 Global Warming Potential 21 SAR

Fraction of pipeline throughput 

used to power the system

0.02925 EIA 2008

Natural Gas Combustion Factor 0.05444 kg CO2 per scf TCR 2015

Conversion Factor 0.0011023 short tons per kg

Total Emissions = 70,925 short tons of CO2e = Fugitive + Combustion Emissions 

Fugitive Emissions = 29,425 short tons of CO2e =

71 mmscf * 333 days * 0.02832 * 106 m3 * 

 year mmscf 

(1.1*10-3 Gg CH4 * 21) + (2.0*10-6 Gg CO2) + (7.4*10-4 Gg CH4 * 21) +

 106 m3 106 m3 106 m3

(7.3 * 10-6 Gg CO2) + (5.8x10-5 Gg CH4 * 21) + (2.6x10-7 Gg CO2) *

 106 m3 106 m3 106 m3
Page 63 

106 kg * 0.0011023 short tons

 Gg kg

Combustion Emissions = 41,500 short tons of CO2e =

71 mmscf * 333 days * 106 scf * 0.02925 * 0.05444 kg CO2 * 0.0011023 short tons

 day year 1 mmscf scf kg

2011 Emissions Estimate 

West African Gas Pipeline’s 2011 emissions estimate is 86,617 short tons of CO2e. 

According to project sponsor feedback, there were 38,505 short tons of emissions 

associated with combustion emissions and 48,112 short tons of emissions associated 

with fugitive emissions. 

2012 Emissions Estimate 

West African Gas Pipeline’s 2012 emissions estimate is 86,617 short tons of CO2e. 

According to project sponsor feedback, there were 38,505 short tons of emissions 

associated with combustion emissions and 48,112 short tons of emissions associated 

with fugitive emissions, which represent the same emission levels asserted by the Project 

Sponsor for the 2011 GHG Inventory. The level of emissions claimed in 2012 represent 

35% of the project’s maximum potential-to-emit. 

2013 Emissions Estimate

No additional data were available for 2013; therefore, emissions estimate defaulted to the 

2012 emissions estimate of 86,617 short tons of CO2e.

2014 Emissions Estimate

No additional data was available for 2014; therefore, emissions estimate defaulted to the 

2012 emissions estimate of 86,617 short tons of CO2e.

2015 Emissions Estimate

West African Gas Pipeline’s 2015 emissions of 68,281 CO2e was calculated using the 

following information:

Data Value Source

2015 Pipeline Throughput 23,353,493.33 MMBtu Project Sponsor

Natural Gas Heat Content 1026 MMBtu per mmscf TCR 2015

Conversion Factor 0.02832 106 m3 per mmscf

Fugitive Emissions Factor (CH4) 1.1x10-3 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

Fugitive Emissions Factor (CO2) 2.0x10-6 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

Venting Emissions Factor (CH4) 7.4x10-4 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

Venting Emissions Factor (CO2) 7.3x10-6 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

Storage Emissions Factor (CH4) 5.8x10-5 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

Storage Emissions Factor (CO2) 2.6x10-7 Gg per 106 m3 2006 IPCC. Vol. 2, Ch. 4

CH4 Global Warming Potential 21 SAR
Page 64 

Data Value Source

Fraction of pipeline throughput 

used to power the system

0.02925 EIA 2008

Natural Gas Combustion Factor 0.05444 kg CO2 per scf TCR 2015

Conversion Factor 0.0011023 short tons per kg

Total Emissions = 68,281 short tons of CO2e = Fugitive + Combustion Emissions

Fugitive Emissions = 28,328 short tons of CO2e =

23,353,493.33 MMBtu * 1 mmscf * 0.02832 * 106 m3 *

 1026 MMBtu mmscf 

(1.1*10-3 Gg CH4 * 21) + (2.0*10-6 Gg CO2) + (7.4*10-4 Gg CH4 * 21) +

 106 m3 106 m3 106 m3

(7.3 * 10-6 Gg CO2) + (5.8x10-5 Gg CH4 * 21) + (2.6x10-7 Gg CO2) *

 106 m3 106 m3 106 m3

106 kg * 0.0011023 short tons

 Gg kg

Combustion Emissions = 39,953 short tons of CO2e =

23,252,493.33 MMBtu * 1 mmscf * 1,000,000 scf * 0.02925 * 0.05444 kg CO2 * 

 1026 MMBtu 1 mmscf scf 

0.0011023 short tons

 kg

 
Page 65 

TIER C PROJECTS

Tier C projects were not included in the 2007 and 2008 inventories. Emissions 

calculations for these projects have been included in all inventories from 2009 to the 

present.

Aga Khan and Medical College Foundation 

Maximum Potential-to-Emit Estimate

Aga Khan’s maximum PTE estimate of 72,965 CO2e was calculated using the following 

information:

Data Value Source

Small Boiler Rating 1 ton of steam/hr Project Description

Small Boiler Count 2 Project Description

Large Boiler Rating 10 tons of steam/hr Project Description

Large Boiler Count 4 Project Description

Conversion Factor 2,000 lbs/short tons

Boiler Efficiency 0.80 Project Description

Steam Enthalpy at 212  ̊F 

and 0 psig

1,150 Btu/lbs Saturated Steam Table

Conservative Operating 

Assumption

8,000 hr/yr EIA Form 923 data, 2007

Conversion Factor 0.000001 MMBtu/Btu

Electricity Generation 

Nameplate Capacity

4.8 MW Project Description

Emission Factor: 

Generation w/ Natural Gas

390 g CO2/kWh IFC 2012

Emission Factor: 

Combustion of Natural Gas

53.02 kg CO2/MMBtu TCR 2014

Conversion Factor 1,000 kWh/MWh TCR, Appendix C

Conversion Factor 0.000001 metric tons/g

Conversion Factor 1.1023 short tons/metric ton

Maximum Potential-to-Emit = 72,965 short tons of CO2e per year

[(1 tons * 2) + (10 tons * 4)] * 1 * 8,000 hr * 1,150 Btu * 2,000 lbs * 10

-6 MMBtu 

 hr 0.8 yr lb short ton Btu

* 53.02 kg CO2 * 10

-3 metric ton + 4.8 MW * 8,000 hr * 1,000 kWh * 390 g CO2 

 MMBtu kg yr MWh kWh 

* 10

-6 metric ton * 1.1023 short tons

 g metric ton

2014 Emissions Estimate

Aga Khan’s 2014 emissions estimate of 25,064 short tons of CO2e was calculated using 

the following information:
Page 66 

Data Value Source

Natural Gas Consumption 12,879,049 m3 Project Sponsor

Conversion Factor 35.31 scf/m3

Emission Factor Natural Gas 0.05 kg CO2/scf TCR 2014

Conversion Factor 0.001 metric tons/kg

Conversion Factor 1.1023 short tons/metric ton

Emissions = 25,064 short tons of CO2e per year =

12,879,000 m3 * 35.31 scf * 0.05 kg CO2 * 10

-3 metric ton * 1.1023 short tons

 m3 scf kg metric ton

2015 Emissions Estimate

Aga Khan’s 2015 emissions estimate of 28,653 short tons of CO2e was calculated using 

the following information:

Data Value Source

Natural Gas Consumption 13,522,367 m3 Project Sponsor

Conversion Factor 35.31 scf/m3

Emission Factor Natural Gas 0.05444 kg CO2/scf TCR 2015

Conversion Factor 0.001 metric tons/kg

Conversion Factor 1.1023 short tons/metric ton

Emissions = 28,653 short tons of CO2e per year =

13,563,367 m3 * 35.31 scf * 0.05 kg CO2 * 10

-3 metric ton * 1.1023 short tons

 m3 scf kg metric ton

CGLOB Astarta Zhadanivka Kyiv LLC

Maximum Potential-to-Emit Estimate

CGLOB Astarta Zhadanivka Kyiv LLC provided an estimate of the project’s expected level 

of emissions. However, historic emissions indicate that the PTE is higher, so the 

maximum PTE was set as the peak emissions year in the available temporal series.

CGLOB Astarta Zhadanivka Kyiv LLC’s emissions peaked at 38,404 short tons of CO2e

in CY 2014.

Data Value Source

Total Direct Emissions 25,000 short tons Project Description

Maximum Potential-to-Emit = 25,000 short tons of CO2e per year

2011 Emissions Estimate

CGLOB Astarta Zhadanivka Kyiv LLC’s 2011 emissions estimate was found to be below 

the threshold of 25,000 short tons of CO2e based on the following information:
Page 67 

Data Value Source

Fuel Type Natural Gas and Coal Project Description

Capacity 5.4 MW (Natural Gas) Project Description

Emission Factor 395 g CO2/kWh IFC 2006

Conversion Factor 0.0000011023 short 

tons/g

TCR 2008

Coal Consumption 1,518 short tons Coal Project Description

Emissions Factor 97.09 kg CO2/MMBtu 

Coal

TCR 2008, Table 12.1

Conversion Factor 17.25 MMBtu/short ton 

Coal

TCR 2008, Table 12.1

Emissions = 21,612 short tons of CO2e per year =

5.4 MW * 8,000hr * 395 gCO2 * 1000kW * 0.0000011023 short tons +

 yr kWh MW g

 

1,518 short tons coal * 17.25 MMBtu * 97.09kgCO2 * 0.0011023short tons

 short ton coal MMBtu kg

2012 Emissions Estimate

CGLOB Astarta Zhadanivka Kyiv LLC’s 2012 emissions estimate of 36,886 short tons 

of CO2e was calculated using the following information:

Data Value Source

Natural Gas Consumption 11,840 thousand m3 Project Sponsor

Natural Gas Emissions Factor 0.05 kg CO2/scf TCR 2013

Coal Consumption 1,448 metric tons Project Sponsor

Coal Emissions Factor 2098.89 kg CO2/short ton TCR 2013

Limestone Consumption (Ca CO3) 20,931 metric tons Project Sponsor

CO2 / CaCO3 Molecular Weight 

Ratio 0.44 

Conversion Factor 35,310 scf/thousand m3

Conversion Factor 0.0011023 short tons/kg

Conversion Factor 1.1023 short ton/metric ton

Emissions = 36,886 short tons of CO2e per year =

11,840 thousand m3* 35,310 scf * 0.05 kg CO2 * 0.0011023 short tons +

 thousand m3 scf kg

 

1,448 metric tons coal * 1.1023 short ton * 2,098.89 kg CO2 * 0.0011023 short tons +

 metric tons short ton coal kg

20,931 metric tons limestone * 1.1023 short ton * 0.44 CO2

 metric tons CaCO3
Page 68 

2013 Emissions Estimate

CGLOB Astarta Zhadanivka Kyiv LLC’s 2013 emissions estimate of 25,470 short tons 

of CO2e was calculated using the following information:

Data Value Source

Natural Gas Consumption 8,054 thousand m3 Project Sponsor

Natural Gas Emissions Factor 0.05 kg CO2/scf TCR 2013

Coal Consumption 974 metric tons Project Sponsor

Coal Emissions Factor 2098.89 kg CO2/short ton TCR 2013

Limestone Consumption (Ca CO3) 15,076 metric tons Project Sponsor

CO2 / CaCO3 Molecular Weight 

Ratio 0.44 

Conversion Factor 35,310 scf/thousand m3

Conversion Factor 0.0011023 short tons/kg

Conversion Factor 1.1023 short ton/metric ton

Emissions = 25,470 short tons of CO2e per year =

8,054 thousand m3* 35,310 scf * 0.05 kg CO2 * 0.0011023 short tons +

 thousand m3 scf kg

 

974 metric tons coal * 1.1023 short ton * 2,098.89 kg CO2 * 0.0011023 short tons +

 metric tons short ton coal kg

15,076 metric tons limestone * 1.1023 short ton * 0.44 CO2

 metric tons CaCO3

2014 Emissions Estimate

CGLOB Astarta Zhadanivka Kyiv LLC’s 2014 emissions estimate of 38,404 short tons 

of CO2e was calculated using the following information:

Data Value Source

Natural Gas Consumption 12,406 thousand m3 Project Sponsor

Natural Gas Emissions Factor 0.05 kg CO2/scf TCR 2014

Coal Consumption 1,432 metric tons Project Sponsor

Coal Emissions Factor 2,098.89 kg CO2/short ton TCR 2014

Limestone Consumption 21,873 metric tons Project Sponsor

CO2 / CaCO3 Molecular Weight 

Ratio 0.44 

Conversion Factor 35,310 scf/thousand m3

Conversion Factor 0.0011023 short tons/kg

Conversion Factor 0.9072 metric tons/short ton

Emissions = 38,404 short tons of CO2e per year =
Page 69 

12,406 thousand m3* 35,310 scf * 0.05 kg CO2 * 0.0011023 short tons +

 thousand m3 scf kg

 

1,432 metric tons coal * 1.1023 short ton * 2,098.89 kg CO2 * 0.0011023 short tons +

 metric tons short ton coal kg

21,873 metric tons limestone * 1.1023 short ton * 0.44 CO2

 metric tons CaCO3

2015 Emissions Estimate

CGLOB Astarta Zhadanivka Kyiv LLC’s 2015 emissions estimate of 32,202 short tons 

of CO2e was calculated using the following information:

Data Value Source

Natural Gas Consumption 9,668 thousand m3 Project Sponsor

Natural Gas Emissions Factor 0.05444 kg CO2/scf TCR 2015

Coal Consumption 1,263 metric tons Project Sponsor

Coal Emissions Factor 2,115.8745 kg CO2/short ton TCR 2015

Limestone Consumption 17,461 metric tons Project Sponsor

CO2 / CaCO3 Molecular Weight 

Ratio 0.44 

Conversion Factor 35,310 scf/thousand m3

Conversion Factor 0.0011023 short tons/kg

Conversion Factor 0.9072 metric tons/short ton

Emissions = 32,202 short tons of CO2e per year =

9,668 thousand m3* 35,310 scf * 0.05444 kg CO2 * 0.0011023 short tons +

 thousand m3 scf kg

 

1,263 metric tons coal * 1.1023 short ton * 2,115.8745 kg CO2 * 0.0011023 short tons +

 metric tons short ton coal kg

17,461 metric tons limestone * 1.1023 short ton * 0.44 CO2

 metric tons CaCO3

Joshi Technologies / Parko Services

Maximum Potential-to-Emit Estimate

The maximum PTE for Joshi Technologies/ Parko Services is equal to the peak emissions 

year in the available temporal series. Project emissions peaked at 91,861 short tons of 

CO2e in CY 2014.

2009 Emissions Estimate

Joshi Technologies / Parko’s 2009 project emissions estimate of 30,398 short tons of 

CO2e was calculated using the following information: 
Page 70 

Data Value Source

Emissions 30,398 tons of CO2 Project Sponsor

2010 Emissions Estimate

Joshi Technologies / Parko’s 2010 project emissions estimate of 57,826 short tons of 

CO2e was calculated using the following information: 

Data Value Source

Internal Combustion Emissions (gas) 4,010 short tons CO2 Project Sponsor

External Combustion Emissions (gas) 9,789 short tons CO2 Project Sponsor

Flared Gas Emissions 25,927 short tons CO2 Project Sponsor

Internal Combustion Emissions (diesel) 18,100 short tons CO2 Project Sponsor

Emissions = 57,826 short tons of CO2e per year =

4,010 short tons CO2 + 9,789 short tons CO2 + 25,927 short tons CO2 

+ 18,100 short tons CO2

2011 Emissions Estimate

Joshi Technologies / Parko’s 2011 project emissions estimate of 43,564 short tons of 

CO2e was calculated using the following information: 

Data Value Source

Internal Combustion Emissions (gas) 4,918 short tons CO2 Project Sponsor

External Combustion Emissions (gas) 11,169 short tons CO2 Project Sponsor

Flared Gas Emissions 22,611 short tons CO2 Project Sponsor

Internal Combustion Emissions (diesel) 4,866 short tons CO2 Project Sponsor

Emissions = 43,564 short tons of CO2e per year =

4,918 short tons CO2 + 11,169 short tons CO2 + 22,611 short tons CO2

+ 4,866 short tons CO2

2012 Emissions Estimate

Joshi Technologies / Parko’s 2012 project emissions estimate of 52,894 short tons of 

CO2e was calculated using the following information: 
Page 71 

Data Value Source

Natural Gas Combustion in 

Dehydration Process 203 mmscf

Project Sponsor

Natural Gas Combustion in Power 

Generation 124 mmscf

Project Sponsor

Natural Gas High Heat Value 1,028 MMBtu/mmscf TCR 2013

Natural Gas Emission Factor 53.02 kg CO2/MMBtu TCR 2013

Natural Gas Flared 468*106 scf Project Sponsor

Natural Gas Flared Emission Factor 2*10-6 Gg CO2/m3

API 2009, Table 4-

11

Diesel Combustion in Drilling Rigs 225,000 gal Project Sponsor

Diesel Combustion in Workover 

Rigs 103,680 gal

Project Sponsor

Diesel Combustion in Vehicle Fleet 29,646 gal Project Sponsor

Diesel Emission Factor 10.21 kg CO2/gal TCR 2013

Conversion Factor 0.028316 m3/scf

Conversion Factor 1,000 metric ton/Gg

Conversion Factor 0.9072 metric ton/short ton

Emissions = 52,894 short tons of CO2e per year =

(203 +124 mmscf) * 1,028 MMBtu * 53.02 kg CO2 * 1 metric ton +

 mmscf MMBtu 1,000 kg 

468 * 106 scf * 0.028316 m3* 2*10-6 Gg CO2 * 1,000 metric ton +

 scf m3 Gg

(225,000 + 103,680 + 29,646 gal) * 10.21 kg CO2 * 1 metric ton * 1 short ton

 gal 1,000 kg 0.9072 metric ton

2013 Emissions Estimate

Joshi Technologies / Parko’s 2013 project emissions estimate of 73,685 short tons of 

CO2e was calculated using the following information:
Page 72 

Data Value Source

Natural Gas Combustion in 

Dehydration Process 368 mmscf

Project Sponsor

Natural Gas Combustion in Power 

Generation 137 mmscf

Project Sponsor

Natural Gas High Heat Value 1,004 MMBtu/mmscf Project Sponsor

Natural Gas Emission Factor 52.91 kg CO2/MMBtu TCR 2013

Natural Gas Flared 645*106 scf Project Sponsor

Natural Gas Flared Emission 

Factor 2*10-6 Gg CO2/m3

API 2009, Table 4-

11

Diesel Combustion in Drilling Rigs 265,159 gal Project Sponsor

Diesel Combustion in Workover 

Rigs 55,325 gal

Project Sponsor

Diesel Combustion in Vehicle Fleet 21,629 gal Project Sponsor

Diesel Emission Factor 10.21 kg CO2/gal TCR 2013

Conversion Factor 0.028316 m3/scf

Conversion Factor 1,000 metric ton/Gg

Conversion Factor 1.1023 short ton/metric ton

Emissions = 73,685 short tons of CO2e per year =

(368 +137 mmscf) * 1,004 MMBtu * 52.91 kg CO2 * 1 metric ton +

 mmscf MMBtu 1,000 kg

645 * 106 scf * 0.028316 m3* 2*10-6 Gg CO2 * 1,000 metric ton +

 scf m3 Gg

(265,159 + 55,325 + 21,629 gal) * 10.21 kg CO2 * 1 metric ton * 1.1023 short ton

 gal 1,000 kg 1 metric ton

2014 Emissions Estimate

Joshi Technologies / Parko’s 2014 project emissions estimate of 91,861 short tons of 

CO2e was calculated using the following information:
Page 73 

Data Value Source

Natural Gas Combustion in 

Dehydration Process 241.9 mmscf

Project Sponsor

Natural Gas Combustion in 

Power Generation 144.4 mmscf

Project Sponsor

Natural Gas High Heat Value 1,004 MMBtu/mmscf Project Sponsor

Natural Gas Emission Factor 52.91 kg CO2/MMBtu TCR 2014

Natural Gas Flared 1,067.4 * 106 scf Project Sponsor

Natural Gas Flared Emission 

Factor 2 * 10-6 Gg CO2/m3 API 2009, Table 4-11

Diesel Combustion in Drilling 

Rigs 150,942 gal

Project Sponsor

Diesel Combustion in Workover 

Rigs 57,580 gal

Project Sponsor

Diesel Combustion in Vehicle 

Fleet 23,167 gal

Project Sponsor

Diesel Emission Factor 10.21 kg CO2/gal TCR 2014

Conversion Factor 0.028316 m3/scf

Conversion Factor 1,102 short ton/Gg

Conversion Factor 1.1023 short ton/metric ton

Emissions = 91,861 short tons of CO2e per year =

(241.9 +144.4 mmscf) * 1,004 MMBtu * 52.91 kg CO2 * 1 metric ton +

 mmscf MMBtu 1000 kg

1,067.4 * 106 scf * 0.028316 m3* 2*10-6 Gg CO2 * 1,000 metric ton +

 scf m3 Gg

(150,942 + 57,580 + 23,167 gal) * 10.21 kg CO2 * 1 metric ton * 1.1023 short ton

 gal 1,000 kg 1 metric ton

2015 Emissions Estimate

Joshi Technologies / Parko’s 2015 project emissions estimate of 91,224 short tons of 

CO2e was calculated using the following information:
Page 74 

Data Value Source

Natural Gas Combustion in 

Dehydration Process 298.2 mmscf

Project Sponsor

Natural Gas Combustion in 

Power Generation 129.8 mmscf

Project Sponsor

Natural Gas High Heat Value 1,004 MMBtu/mmscf Project Sponsor

Natural Gas Emission Factor 52.91kg CO2/MMBtu TCR 2015

Natural Gas Flared 1,047.5 * 106 scf Project Sponsor

Natural Gas Flared Emission 

Factor 2 * 10-6 Gg CO2/m3 API 2009, Table 4-11

Diesel Combustion in Drilling 

Rigs 27,409 gal

Project Sponsor

Diesel Combustion in Workover 

Rigs 18,260 gal

Project Sponsor

Diesel Combustion in Vehicle 

Fleet 22,906 gal

Project Sponsor

Diesel Emission Factor 10.21 kg CO2/gal TCR 2015

Conversion Factor 0.028316 m3/scf

Conversion Factor 1,000 metric ton/Gg

Conversion Factor 1.1023 short ton/metric ton

Emissions = 91,224 short tons of CO2e per year =

(298.2 + 129.8 mmscf) * 1,004 MMBtu * 52.91 kg CO2 * 1 metric ton +

 mmscf MMBtu 1,000 kg

1,047.5 * 106 scf * 0.028316 m3* 2*10-6 Gg CO2 * 1,000 metric ton +

 scf m3 Gg

(27,409 + 18,260 + 22,906 gal) * 10.21 kg CO2 * 1 metric ton * 1.1023 short ton

 gal 1,000 kg 1 metric ton

Qalaa Holdings (formerly Citadel)

Maximum Potential-to-Emit Estimate

Qalaa Holdings’ project description provided a range of expected emissions. The upper 

end of this range was used as the project’s maximum potential-to-emit

Data Value Source

Direct Emissions 96,000 metric tons Project Description

Conversion Factor 1.1023 short tons/metric ton
Page 75 

Maximum Potential-to-Emit = 105,821 short tons of CO2e per year =

96,000 metric tons * 1.1023 short tons/metric ton

2012 Emissions Estimate 

Citadel is a private equity firm that invests in multiple platforms. In 2012, the Glenview 

Investment Holdings platform had an estimated carbon footprint estimate of 46,707 short 

tons of CO2e calculated using the following information:

Data Value Source

Natural Gas Consumption 24 million m3 Project Description

Conversion Factor 1,000,000 m3/ million m3

Conversion Factor 35.31 scf/ m3

Natural Gas Emission 

Factor 

0.05 kg CO2/ scf TCR 2013

Conversion Factor 0.001 metric tons/ kg

Conversion Factor 1.1023 short tons/ metric ton

Total emissions estimate = 46,707 short tons of CO2e per year =

24 million m3* 1,000,000 m3* 35.31 scf * 0.05 kg CO2 * 10

-3 metric ton * 1.1023 short ton

 million m3 m3 scf kg metric ton

2013 Emissions Estimate

In 2013, Citadel changed its name to Qalaa Holdings, a private equity firm that invests 

in multiple platforms. In 2013, three platforms contributed to Qalaal Holdings’ total 

emissions, including Glenview Investment Holdings, United Company for Foundries, 

ASEC Company for Mining, and Falcon for Agricultural Investments Ltd. The 2013 

revised emissions estimate of 52,169 short tons of CO2e was calculated as follows. 

Data Value Source

Natural Gas Consumption 

(Glenview Investment Holdings)

18 million m3 Project 

Description

Natural Gas Consumption

(other platforms)

8.807 million m3 Project Sponsor

Conversion Factor 1,000,000 m3/ million m3

Conversion Factor 35.31 scf/ m3

Natural Gas Emission Factor 0.05 kg CO2/ scf TCR 2013

Conversion Factor 0.001 metric tons/ kg

Conversion Factor 1.1023 short tons/ metric ton
Page 76 

Total emissions estimate = 52,169 short tons of CO2e per year =

(18 + 8.807) million m3* 1,000,000 m3* 35.31 scf * 0.05 kg CO2 * 10-3 metric ton *

 million m3 m3 scf kg 

1.1023 short ton

 metric ton 

2014 Emissions Estimate

In 2014, four platforms contributed to Qalaal Holdings’ total emissions, including 

Grandview Investment Holdings, United Company for Foundries, ASEC Company for 

Mining, and Falcon for Agricultural Investments Ltd. The 2014 emissions estimate of 

47,437 short tons of CO2e was calculated as follows. 

Data Value Source

Natural Gas Consumption (all 

platforms)

24.376 million m3 Project 

Sponsor

Conversion Factor 1,000,000 m3/ million m3

Conversion Factor 35.31 scf/ m3

Natural Gas Emission Factor 0.05 kg CO2/ scf TCR 2014

Conversion Factor 0.001 metric tons/ kg

Conversion Factor 1.1023 short tons/ metric 

ton

Total emissions estimate = 47,437 short tons of CO2e per year =

24.376 million m3* 1,000,000 m3* 35.31 scf * 0.05 kg CO2 * 10

-3 metric ton *

 million m3 m3 scf kg 

1.1023 short ton

 metric ton 

2015 Emissions Estimate

In 2015, two platforms contributed to Qalaal Holdings’ total emissions, including 

Grandview Investment Holdings, United Company for Foundries, and ASEC Company 

for Mining. The 2015 emissions estimate of 34,279 short tons of CO2e was calculated 

as follows. 

Data Value Source

Natural Gas Consumption (all 

platforms)

17.614 million m3 Project 

Sponsor

Conversion Factor 1,000,000 m3/ million m3

Conversion Factor 35.31 scf/ m3

Natural Gas Emission Factor 0.05 kg CO2/ scf TCR 2014

Conversion Factor 0.001 metric tons/ kg

Conversion Factor 1.1023 short tons/ metric 

ton
Page 77 

Total emissions estimate = 34,279 short tons of CO2e per year =

17.614 million m3* 1,000,000 m3* 35.31 scf * 0.05 kg CO2 * 10

-3 metric ton * 

 million m3 m3 scf kg

1.1023 short ton

 metric ton
Page 78 

APPENDIX D – COMMON CONVERSIONS

Listed below are common emission and conversions factors used in the development of 

emission estimates. 

UNIT CONVERSION

Value Unit of Measure Source

8,000 Hours per Year Conservative Operating Assumption – EIA Form 923, 2007

333 Days per Year Calculated from Hours per Year

1,000,000 Btu per MMBtu TCR 2008

0.001 metric tons per kg TCR 2008

0.0011023 short tons per kg TCR 2008

1,000,000 scf per Mcf TCR 2008

0.02832 m3 per scf TCR 2008

0.9072 metric tons per short ton TCR 2008

0.000001 metric tons per g TCR 2008

0.0000011023 short tons per g TCR 2008

907.18 kg per short ton TCR 2008

2.2046 lbs per kg TCR 2008

2,204.62 lbs per metric tonne TCR 2008

2,000 lbs per short ton TCR 2008

42 gallons per barrel TCR 2008

HEAT CONTENT

Value Unit of Measure Source

43 TJ/Gg HFO Gross Calorific Value National Physical Laboratory, 2015

44 TJ/Gg LFO Gross Calorific Value National Physical Laboratory, 2015

5.796 MMBtu per barrel diesel (fuel oil #2) TCR 2013, TCR 2014

17.25 MMBtu per short ton coal (sub-bituminous) TCR 2008

5.80 MMBtu per barrel diesel (fuel oil #2) TCR 2013, TCR 2014

5.80 MMBtu per barrel crude oil TCR 2013, TCR 2014

1,028 Btu per scf natural gas (U.S. weighted average) TCR 2013, TCR 2014

1,026 Btu per scf natural gas (U.S. weighted average) TCR 2015

EMISSION FACTORS FOR ELECTRICITY GENERATION

Value Unit of Measure Source

901 g CO2 per kWh generated using coal IFC 2012

666 g CO2 per kWh generated using oil IFC 2012

390 g CO2 per kWh generated using natural gas IFC 2012
Page 79 

EMISSION FACTORS FOR FUEL COMBUSTION

Value Unit of Measure Source

53.02 kg CO2 per MMBtu natural gas TCR 2013, TCR 2014, TCR 2015

53.06 kg CO2 per MMBtu natural gas TCR 2015

52.91 kg CO2 per MMBtu natural gas (Btu/scf 1,000-1,025) TCR 2013, TCR 2014, TCR 2015

73.96 kg CO2 per MMBtu diesel (fuel oil #2) TCR 2013, TCR 2014, TCR 2015

97.09 kg CO2 per MMBtu coal (sub-bituminous) TCR 2008

74.49 kg CO2 per MMBtu crude oil TCR 2013

0.0544 kg CO2 per scf natural gas TCR 2013, TCR 2014, TCR 2015

75.1 kg CO2 per MMBtu Residual Fuel Oil (#6) TCR 2014, TCR 2015

2098.89 kg CO2 per short ton coal (mixed industrial sector) TCR 2013, TCR 2014

EMISSION FACTORS FOR INDUSTRIAL PROCESSES

Value Unit of Measure Source

0.44 Short tons CO2 per short ton limestone processed IPCC 2006
 Page 80 

APPENDIX E – ANNOTATED BIBLIOGRAPHY

Amnesty International 2013. "Amnesty International: News." Israel/OPT: Gaza Power 

Crisis Has Compounded Blockade's Assault on Human Dignity. 1 Dec. 2013. Accessed 

February 2015. <http://www.amnesty.org/en/news/israelopt-gaza-power-crisis-hascompounded-blockade-s-assault-human-dignity-2013-11-29>.

API 2004 (American Petroleum Institute). Compendium of Greenhouse Gas Emissions 

Methodologies for the Oil and Gas Industry. February 2004. Accessed January 2008.

<http://www.api.org/ehs/climate/new/upload/2004_COMPENDIUM.pdf>

Examples from API were used for those projects in Tier B [Accroven SRL, Various 

Egypt Subsidiaries (Apache), EP Interoil, RPK-Vysotsk (Lukoil II)] for which there 

were no consumption volumes or other data to base an emissions estimate on. 

The size of operations for these examples was compared to the size of the projects 

in Tier B, resulting in a multiplication factor which was applied to the API example’s 

emissions estimate to arrive at an approximate estimate for the Tier B project. 

Additionally, a methane-fugitive emissions factor for compression, sourced from 

the API Compendium of Greenhouse Gas Emissions, Table 6-5, was used for the 

Wilpro Energy Services projects. 

API 2009 (American Petroleum Institute). Compendium of Greenhouse Gas Emissions 

Methodologies for the Oil and Gas Industry. August 2009.

SAR. Second Assessment Report. Climate Change 1995, The Science of Climate 

Change: Summary for Policymakers and Technical Summary of the Working Group I 

Report, page 22.

EIA 2008. Energy Information Administration (EIA) U.S. Natural Gas Consumption by 

End Use. 2003-2007. Accessed January 2008.

<http://tonto.eia.doe.gov/dnav/ng/ng_cons_sum_dcu_nus_a.htm>

Emissions from natural pipeline transport are very segment specific, varying by

pipeline infrastructure, compression energy source, and segment distance. In 

order to define the related emissions for representative pipeline hauls in the 

absence of system specifications, Pace Global assumed pipeline-fuel 

consumption and both combustion and non-combustion CO2e emissions, based on 

EIA natural gas consumption data and data from the U.S. GHG Inventory released 

by EPA in 2008. This data yielded an average fugitive-emission-loss rate of 1.7%

(per unit volume), and fugitive emissions factor of 4,297 lbs of CO2 per mmscfd. 

The emissions associated with combustion required to move natural gas were

calculated to be 3,439 lbs of CO2 per MMscd. 

EIA 2013. Voluntary Reporting of Greenhouse Gas Coefficients. Voluntary Reporting of 

Greenhouse Gases Program (Voluntary Reporting of Greenhouse Gases Program Fuel 

Carbon Dioxide Emission Coefficients). January 2013. Accessed January 2013.
 Page 81 

EPA 1985. United States Environmental Protection Agency (EPA). AP 42: Compilation of 

Air Pollutant Emission Factors, Volume 1 Stationary Point and Area Sources. Appendix 

A: Miscellaneous Data & Conversion Factors. September 1985. Accessed January 2008. 

<http://www.epa.gov/ttn/chief/ap42/>

Conversion factors not provided by The Climate Registry were obtained from U.S. 

EPA’s AP 42 document, specifically for the density of natural gas and crude oil and 

the conversion of kilometers to miles.

EPA 2008. United States Environmental Protection Agency (EPA). Inventory of U.S. GHG 

Emissions and Sinks, 1990-2006. Tables 3-34 and 3-36. Accessed January 2008. 

<http://www.epa.gov/climatechange/emissions/downloads/08_CR.pdf>

Emissions from natural-gas-pipeline transport are very segment specific, and vary 

according to pipeline infrastructure, compression-energy source, and segment 

distance. In order to define the related emissions for representative pipeline hauls 

in the absence of system specifications, Pace Global assumed pipeline-fuel 

consumption and both combustion and non-combustion CO2e emissions based on 

EIA natural gas consumption data and data from the U.S. GHG Inventory, released 

by EPA in 2008. This data yielded an average fugitive emission loss rate of 1.7%

(per unit volume), and fugitive emissions factor of 4,297 lbs of CO2 per mmscfd. 

The emissions associated with combustion required to move natural gas was 

calculated to be 3,439 lbs of CO2 per MMscd. 

GREET. The Greenhouse Gases, Regulated Emissions, and Energy Use In 

Transportation Model, GREET 1.8d.1, developed by Argonne National Laboratory, 

Argonne, IL, released August 26, 2010.

Herrington, E.F.G. "Calorific Values of Solid, Liquid and Gaseous Fuels 

3.11.4." National Physical Laboratory. 1 Jan. 2015. Web. 1 Feb. 2015. 

<http://www.kayelaby.npl.co.uk/chemistry/3_11/3_11_4.htm>. 

IEA 2008a. International Energy Agency. Coal in Indonesia in 2006, accessed January 

2008. <http://www.iea.org/Textbase/stats/coaldata.asp?COUNTRY_CODE=ID> 

The coal profile for Indonesia in 2006 specifies the type of coal consumed and 

what it was combusted for. The table provided by IEA describes the volume of coal 

used in electricity plants as being 100% sub-bituminous. This information was 

necessary to calculate the emissions for Paiton Energy as each coal type has a 

different emissions factor and heat-content value. 

IEA 2008b. International Energy Agency. Coal in Morocco in 2006. Accessed January 

2008. <http://www.iea.org/Textbase/stats/coaldata.asp?COUNTRY_CODE=MA> 

The coal profile for Morocco in 2006 specifies the type of coal consumed and what 

it was combusted for. The table provided by IEA describes the volume of coal used 

in electricity plants as being 100% bituminous. This information was necessary to 

calculate the emissions for Jorf Lasfar Energy as each coal type has a different 

emissions factor and heat-content value. 
 Page 82 

IFC 2008. International Finance Corporation (IFC). Guidance Note 3: Pollution Prevention 

and Abatement. July 31, 2007. Accessed January 2008.

<http://www.ifc.org/ifcext/sustainability.nsf/Content/GuidanceNotes> 

This guidance note by the IFC provides suggested GHG emissions estimation 

methodologies for the energy and industrial sectors. The table in Annex A provides 

the capacity for electric-generating technologies (oil = 25MW, coal = 18MW, gas = 

41MW) that would emit 100,000 metric tons of CO2e per year. The table also 

provides the emissions factor that was applied to the electric generation projects 

for which no throughput or consumption volumes were available. 

IFC 2012. International Finance Corporation (IFC). Guidance Note 3: Resource 

Efficiency and Pollution Prevention. January 1, 2012.

IPCC 2006. 2006 IPCC Guidelines for National Greenhouse Gas Inventories, Prepared 

by the National Greenhouse Gas Inventories Programme, Eggleston H.S., Buendia L., 

Miwa K., Ngara T. and Tanabe K. (eds). Published: IGES, Japan. 

Nye Thermodynamics Corporation. Gas Turbine Specifications by Manufacturer. Nuovo 

Pignone turbine specifications. Accessed January 2008. 

<http://www.gas-turbines.com/specs/manuf.htm>

The project descriptions for Wilpro Energy Services (Pigap) and Wilpro Energy 

Services (El Furrial) indicate that the compression if driven by Nuovo Pignone Gas 

Turbines. Pace estimated energy requirements from compression levels depicted 

for each project and consulted specifications of the appropriately sized Nuovo

Pignone gas turbines. Efficiency and other specifications of these turbines were 

collected from the Nye Thermodynamics Corporation website documenting gas 

turbine specifications by manufacturer. 

OPIC 2007. Overseas Private Investment Corporation (OPIC). 2007 Greenhouse Gas 

Emissions Inventory Report. March 2009. 

<http://www.opic.gov/doing-business-us/OPIC-policies/greenhouse-gas-accountingreports>

OPIC 2008. Overseas Private Investment Corporation (OPIC). 2008 Greenhouse Gas 

Emissions Inventory Report. May 2010. 

<http://www.opic.gov/doing-business-us/OPIC-policies/greenhouse-gas-accountingreports>

OPIC 2009. Overseas Private Investment Corporation (OPIC). 2009 Greenhouse Gas 

Emissions Inventory Report. May 2011. 

<http://www.opic.gov/doing-business-us/OPIC-policies/greenhouse-gas-accountingreports>

OPIC 2010. Overseas Private Investment Corporation (OPIC). 2010 Greenhouse Gas 

Emissions Inventory Report. April 2012. 
 Page 83 

<http://www.opic.gov/doing-business-us/OPIC-policies/greenhouse-gas-accountingreports>

OPIC 2011. Overseas Private Investment Corporation (OPIC). 2011 Greenhouse Gas 

Emissions Inventory Report. June 2013. 

<http://www.opic.gov/doing-business-us/OPIC-policies/greenhouse-gas-accountingreports>

Oil and Gas Journal. “Special Report: Worldwide Ethylene Capacity Increases 2 Million 

TPY in 2007,” Volume 106, July 28, 2008.

No information was provided in the project description for the Equate 

Petrochemical project indicating its size or energy consumption. The average size 

of petrochemical facilities in the Middle East, of ~850,000 tons per year, was 

sourced from the Oil and Gas Journal. Specific energy requirements and 

generation sources expected from a petrochemical facility of this size were 

sourced from the CEC report. This data enabled the qualified estimation of 

emissions from this project. 

TAPSEIS. Trans-Alaska Pipeline System Environmental Impact Statement 

(TAPSEI).Trans-Alaska Pipeline Environmental Impact Statement Document, Energy 

Requirements for Conservation Potential. February 15, 2001. Accessed January 2008.

<http://tapseis.anl.gov/documents/docs/Section_4_9_May2.pdf>

Energy-demand factors for crude-pipeline transport were sourced from documents 

associated with the Environmental Impact Statement for the Trans Alaska Gas 

pipeline in order to calculate GHG emissions for the Baku-Tblisi-Ceyhan Pipeline. 

TCR 2008. The Climate Registry (TCR). General Reporting Protocol Version 1.1. May 

2008. Accessed January 2008. <http://www.theclimateregistry.org/downloads/GRP.pdf> 

The Climate Registry is the broadest-reaching registry in North America with 

participation from all Canadian provinces, six Mexican states, and 40 U.S. states. 

The Climate Registry’s General Reporting Protocol is based on the WRI/WBCSD 

GHG Protocol, the “gold” standard in GHG Accounting and Reporting. Emission, 

heat content, and conversion factors from this document were used in the analysis 

(Table 12.1 and Appendix C). 

TCR 2013. The Climate Registry (TCR). 2013 Climate Registry Default Emissions 

Factors. January 2013. Accessed March 2014.

<http://www.theclimateregistry.org/resources/protocols/general-reporting-protocol/>

TCR 2014. The Climate Registry (TCR). 2014 Climate Registry Default Emissions 

Factors. April 2014. Accessed February 2015. 

<http://theclimateregistry.org/wp-content/uploads/2015/01/2014-Climate-RegistryDefault-Emissions-Factors.pdf>
 Page 84 

TCR 2015. The Climate Registry (TCR). 2015 Climate Registry Default Emissions 

Factors. April 2015.