VOL. XLI

No. 50

14-December-1998

FSU

Unocal Pulls Out Of CentGas

Unocal announced on 7 December its decision to pull out of Central AsiaGas Pipeline Ltd. (CentGas), the multinational joint venture assembled in October 1997 forthe purpose of building a natural gas pipeline from Turkmenistan to Pakistan acrossAfghanistan. The US company had announced in August that it was suspending plans toconstruct a 1,464-km. pipeline, citing at the time "sharply deteriorating politicalconditions in the region,"...