VOL. XLIII

No. 36

4-September-2000

ISRAEL

Merhav Wins $150Mn Contract For Turkmen Project

Israels Merhav Group announced on 27 August that it had won a further $150mn contract in Turkmenistan for the modernization of existing natural gas infrastructure, the construction of a modern plant for the upgrading of diesel fuel and the installation of new facilities at the 120,000 b/d Turkmenbashi oil refinery, the daily Jerusalem Post reported on 28 August. Merhav has already won contracts worth $1.5bn...