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Friday, November 02, 2007

Turkish firm wins $5 billion deal in Uzbekistan

"Turkish firm wins $5 billion deal in Uzbekistan

The Federal Group is planning to update the natural gas infrastructure of Uzbekistan, having recently signed an agreement with Uzbekistan’s Gas Ministry to undertake the project. According to the agreement, a joint company named Federal UZ Gas will be established, with shares split between Federal Group, holding 51 percent, and the Uzbek government 49 percent."

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