VOL. XXXVIII

NO. 29

17-APRIL-1995

FSU

Turkey Boosts Stake In AIOC With Purchase Of Socar Shares; Bitter IranQuestions Caspian Legal Status

Turkey has increased its stake in the Azerbaijan International OperatingCompany (AIOC) to 6.75% with the purchase of additional shares from Azerbaijan'sstate-owned oil company, Socar. Turkish Prime Minister Tansu Ciller signed anagreement in Baku on 12 April with Azerbaijani President Gaidar Aliyev wherebythe Turkish Petroleum Corporation (TPAO), which...