VOL. XLII

No. 22

31-May-1999

FSU

Turkey And Turkmenistan Sign Gas Supply Agreement

Turkey and Turkmenistan signed on 21 May in the Turkmencapital a gas supply agreement under which Ashgabat will supply Ankara with16bn cu. ms. (BCM) of natural gas annually at a rate of $78 per 1,000 cubicmeters. Turkmen President Saparmurat Niyazov and Turkish Energy Minister ZiyaAktas signed the agreement which follows a preliminary gas purchase agreementsigned by both parties in Ashgabat in March (MEES, 22...