VOL. XLI

No. 27

6-July-1998

FSU

Amoco Announces Plans To Build TransCaspian Gas Pipeline System

Amoco announced on 29 June the formation of a US consortium to build a 1,250-km.pipeline system to transport natural gas from Turkmenistan to markets in Turkey andEurope, provided the necessary approvals from the governments concerned are forthcoming.The consortium is composed of Amoco Corporation and a new pipeline joint venture owned byaffiliates of GE Capital and Bechtel Enterprises. The pipeline,...