VOL. XLV

No 49

9-December-2002

TURKEY

European Firms To Study Proposed Turkey-Austria Gas Pipeline

Five European gas companies have agreed to carry out a joint feasibility study on the construction of a natural gas pipeline stretching fromTurkey to Austria via Bulgaria, Romania and Hungary. The five are: Turkeys Botas, Bulgarias Bulgargaz, Romanias Transgaz, Hungarys MOL and Austrias OMV Erdgas. The study, which is due to begin in the spring of 2003 and be concluded in 18 months, will evaluate...