VOL. XLII

No. 12

22-March-1999

FSU

Turkey And Turkmenistan Sign Preliminary Gas PurchaseAgreement At Ashgabat Conference

Turkey and Turkmenistan on 12 March signed a preliminarynatural gas purchase agreement covering the supply of gas via the proposedTrans-Caspian Pipeline (TCP). The deal, signed during an international oil andgas conference in Ashgabat, forms the basis of a more detailed agreement to besigned before 30 May that will include prices and volumes. According to thepreliminary...