ISTANBUL -- A Japanese-Turkish consortium has clinched a roughly $1.5 billion contract to build a large gas-to-liquids plant in Turkmenistan. Analysts say the arrangement could pave the way for more Japanese and Turkish companies to advance further into Central Asia and the Caucasus.
Kawasaki Heavy Industries of Japan and Ronesans Endustri Tesisleri, a leading Turkish construction company, on Tuesday signed the deal with Turkmengas, Turkmenistan's state-owned gas company.
