August 9, 1998: Northern Alliance capital Mazar-e-Sharif is conquered by the Taliban, giving them control of 90% of Afghanistan, including the entire pipeline route. CentGas, the consortium behind the gas pipeline that would run through Afghanistan, is now "ready to proceed. Its main partners are the American oil firm Unocal and Delta Oil of Saudi Arabia, plus Hyundai of South Korea, two Japanese companies, a Pakistani conglomerate and the Turkmen government." However, the pipeline cannot be financed unless the government is officially recognized. "Diplomatic sources said the Taliban's offensive was well prepared and deliberately scheduled two months ahead of the next UN meeting" to decide if the Taliban should be recognized. [Telegraph, 8/13/98]