Company for preparation of TAPI feasibility study defined
Ashgabat, Turkmenistan, May 22
By Huseyn Hasanov- Trend:
The British company Penspen prepares a feasibility study for TAPI (Turkmenistan-Afghanistan-Pakistan-India) within the framework of the contract obtained, the message of the Ministry of Petroleum and Mineral Resources of Turkmenistan said.
Penspen received a contract from the Asian Development Bank (ADB) to perform a feasibility study for the construction of a gas pipeline 1,820 km long, with a 56 inch diameter of pipe, according to the information. The pipe communication will start from the giant gas field of Turkmenistan "Galkynysh" to provide gas markets of Afghanistan, Pakistan and India.
The scope of work of the Penspen company includes a review of the proposed route, confirmation of hydraulic characteristics, including the size and location of the compressor station, providing calculations.
The project cost of TAPI is $10 billion, according to the latest data.
Earlier, the project cost was estimated at $7.5 billion.
Previously, the Turkmen Oil and Gas Industry and Mineral Resources Ministry said that an international tender would be announced soon to select the leader of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project consortium.
The pipeline's annual capacity will be 33 billion cubic meters.
"The economic feasibility of this project, which is based on the high demand for natural gas in South Asia, is also emphasized by the fact that none of its participants has any doubt in Turkmenistan's ability to ensure the long-term gas supplies on this route," the ministry said.
Edited by CN