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Malaysia to study participation in TAPI construction

Turkmenistan Materials 10 November 2016 14:16
The Malaysian government will study the possibility of its companies’ participation in the construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline
Malaysia to study participation in TAPI construction

Ashgabat, Turkmenistan, Nov. 10

By Huseyn Hasanov– Trend:

The Malaysian government will study the possibility of its companies’ participation in the construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, Prime Minister of Malaysia Najib Razak said, the Oil and Gas Complex of Turkmenistan said in a message.

Razak made the remarks speaking to the press, following the negotiations with President of Turkmenistan Gurbanguly Berdimuhamedov, who recently went to Kuala Lumpur on an official visit, according to the message.

Razak also stated about the readiness of Malaysian companies to participate in a number of projects for the construction of production facilities, development of the petrochemical industry and manufacturing of finished products in Turkmenistan.

The Oil and Gas Complex of Turkmenistan reported that Ashgabat is ready to provide certain volumes of gas in the TAPI pipeline on the swap scheme to foreign companies that produce gas on the Turkmen shelf after they enter the TAPI Pipeline Company Limited consortium.

Turkmenistan’s Turkmengas State Concern was appointed the leader of the consortium in August of 2015.

Earlier, President of Turkmenistan Gurbanguly Berdimuhamedov offered the business circles of Qatar, Saudi Arabia, Germany and other countries to take part in the implementation of the TAPI project.

Turkmengas and Turkmenneftegazstroy state concerns have been constructing the Turkmen section of the TAPI since December 2015.

The capacity of the TAPI pipeline will be 33 billion cubic meters of gas per year, and its total length will amount to 1,814 kilometers. It is planned to commission the pipeline in December 2019.

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