VOL. XL

No. 14

7-April-1997

IRAN

Turkey's Botas Selects Local Firm To Build Iranian Gas Pipeline

The Turkish state-owned pipeline company Botas announced on 31March the selection of a Turkish consortium to undertake the construction of the Turkishsection of the natural gas pipeline that is to carry Iranian natural gas supplies intoTurkey. The pipeline is part of a multi-billion dollar gas deal agreed between Ankara andTehran last August.

A contract worth $117.6mn has gone to Fernas-STFA...