VOL. XLIII
No. 25
19-June-2000
CASPIAN
TCGP Consortium Takes Another Step Back, But Shell Holds Steady
Despite news that PSG International, a joint venture between GE Capital Structured Finance Group and Bechtel and a partner in the proposed TransCaspian Gas Pipeline (TCGP), has started to reassign and dismiss staff, the other partner in the consortium, Shell, says thatthe project to build a 1,700km natural gas pipeline from Turkmenistan to Turkey is still on the table.
A spokesman for GE Capital...
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