VOL. XLI

No. 12

23-March-1998

FSU

Georgia And Turkey Sign Baku-Ceyhan Pipeline Agreement

Georgian President Eduard Shevardnadze and Turkish Prime Minister Mesut Yilmaz signedan agreement in Tbilisi on 14 March pledging cooperation on the construction of a Caspianoil export pipeline from the Azerbaijan capital Baku to the Turkish Mediterranean port ofCeyhan via Tbilisi. The Azerbaijan International Operating Company (AIOC), which iscommitted to investing $8bn in developing Azerbaijan's offshore...