Ashgabat intends to sign agreement on TAPI gas pipeline in 2010
Turkmenistan, Ashgabat, August 14 / Trend H. Hasanov /
The Turkmen government plans to conduct the necessary work in the nearest future sign the contract for the sale of natural gas within the TAPI project (Turkmenistan-Afghanistan-Pakistan-India) this year.
According to official Turkmen source, it deals with the planned construction of the next grand transcontinental gas pipeline.
Turkmen President Gurbanguly Berdimuhammedov stressed the need to intensify work to accelerate implementation of the TAPI project. He highlighted the environmental aspect at the meeting with top-managers.
The fifth meeting of the Technical Working Group on this project has been recently held in Ashgabat. Representatives of participating countries attended it. They decided to solve a number of important technical issues to accelerate implementation of the project.
The sides studied the drafts of three important documents, including agreements on transit, buying and selling of gas, consortium. The central theme of the experts' discussion was a draft of the future contract, to be signed at the governmental level of all involved countries.
It is expected that the price for Turkmen fuel will be formed given to the current situation on the world energy market.
The U.S DeGolyer & MacNaughton conducted an audit of gas reserves of Dovletabad deposit, which is recognized a source of raw materials for the pipeline. According to independent international auditors, the total reserves of natural gas are more than enough to ensure long-term supply through this pipeline.
An additional guarantee is a huge field Southern Eloten Osman. According to recent estimates, its resources hit 16 trillion cubic meters of gas.
The length of the TAPI can reach 1,680 km. Its design capacity is 30 billion cubic meters of natural gas per year. The route will stretch from the Turkmen fields Dovletabat through Herat and Kandahar (Afghanistan), through Quetta (Pakistan) to the area of Fazlaka on the Indo-Pakistan border.
Italian Oil and Gas Leading Company Eni has recently announced the company's desire to transport gas from Turkmenistan, Kazakhstan and Iran to Pakistan, India and China in the long term prospect.
Turkmenistan ranks fourth on the largest reserves of natural fuel in the world. It sells it to Russia, Iran and China. The sale of fuel to Europe is also on the agenda.