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Monday, 19 August 2002
TURKMENISTAN SIGNS CONTRACTS WITH TWO JAPANESE COMPANIES
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)