...

TAPI gas pipeline project to be discussed in Turkmenistan

Business Materials 19 November 2014 21:01 (UTC +04:00)
The issues related to the implementation of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project will be discussed in Ashgabat, Turkmenistan on Nov.19 during a meeting between the countries involved in this project.
TAPI gas pipeline project to be discussed in Turkmenistan

Ashgabat, Turkmenistan, Nov.19
By Huseyn Hasanov- Trend:

The issues related to the implementation of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project will be discussed in Ashgabat, Turkmenistan on Nov.19 during a meeting between the countries involved in this project, a message from Turkmen government said.

It is expected that the parties to the transaction advisory services agreement will meet to discuss the issues related to updating the feasibility study of the project, as well as the registration of TAPI Ltd, according to the message.

Moreover, the next meeting of the Technical working group on TAPI will be held on Nov.19. The agenda of this meeting also includes the discussions on the list of companies running for leadership in the consortium.

Turkmen Dovlet Khabarlary (TDH) state news service wrote that the development of industry and increase of energy consumption in Asian countries speeds up the implementation of this project and the systematic meetings of the project participants proves that.

It was earlier reported that Turkmengaz State Concern, Afghan Gas Corporation, Pakistan's Inter State Gas Systems (Private) Limited and India's GAIL (India) Limited established an operating company for the TAPI pipeline. The company will construct the TAPI pipeline and will be engaged in the operation of this pipeline.

Turkmen President Gurbanguly Berdimuhamedov said at the meeting of the Council of Elders in October that it is planned to start the construction of TAPI in 2015.

The basic document for the promotion of TAPI is Ashgabat interstate agreement signed between the participating states in 2010 on starting the practical implementation of this project.

The design capacity of the TAPI will be up to 33 billion cubic meters of gas per year, while the expected lifetime is 30 years.

The total length of TAPI will reach 1,735 kilometers. Some 200 kilometers of the pipeline will run through Turkmenistan, 735 kilometers - through Afghanistan, 800 kilometers - through Pakistan to the settlement of Fazilka, located on the border with India.

Tags:
Latest

Latest