Monday, 19 August 2002

TURKMENISTAN SIGNS CONTRACTS WITH TWO JAPANESE COMPANIES

Published in News Digest

By empty (8/19/2002 issue of the CACI Analyst)

Following talks in Ashgabat on 19 August between President Saparmurat Niyazov and a delegation of Japanese businessmen, the Turkmen government signed eight-year cooperation agreements with Itochu Corporation and Komatsu Ltd. The Japanese companies will provide machinery for the construction of oil and gas pipelines and highways, and build a network of some 20 small factories, each of which is to produce annually some 70,000-100,000 cubic meters of liquefied natural gas. They will also participate in the controversial construction of a huge artificial lake in the Karakorum desert.
Following talks in Ashgabat on 19 August between President Saparmurat Niyazov and a delegation of Japanese businessmen, the Turkmen government signed eight-year cooperation agreements with Itochu Corporation and Komatsu Ltd. The Japanese companies will provide machinery for the construction of oil and gas pipelines and highways, and build a network of some 20 small factories, each of which is to produce annually some 70,000-100,000 cubic meters of liquefied natural gas. They will also participate in the controversial construction of a huge artificial lake in the Karakorum desert. (ITAR-TASS)
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The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.

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