VOL. XLI

No. 09

2-March-1998

FSU

Turkmenistan And Shell Sign MOU On Gas Export Pipeline

Shell International Ltd. announced on 24 February that its subsidiary Shell ExplorationB.V. and the Government of Turkmenistan had signed a Memorandum of Understand (MOU) topromote a project to export gas from Turkmenistan to Turkey. The MOU was signed inBrussels by Turkmenistan's President, Sapamurat Niyazov, and Mr. A. Parsley for Shell. Thecompany statement said that as a result of this agreement, Shell...