Sunday January 21, 2018
Home Business TAPI project ...

TAPI project finally to get off the ground in Asghabat

0
//
75
Republish
Reprint

Islamabad: Construction of much-anticipated TAPI gas pipeline will begin from December 13 in Turkmenistan, said an official of Interstate Gas Systems Private Ltd. (IGSP) on Tuesday.

Turkmenistan-Afghanistan-Pakistan-India (TAPI) project will commence next week, some 25 years after the inception of the project, told Mobin Saulat, managing director of IGSP.

Pakistani Prime Minister Nawaz Sharif along with Afghanistan and Indian leaders will attend the groundbreaking ceremony of $10 billion projects in Ashgabat.

Saulat said the dialogue to import gas for energy-starved Pakistan was initiated with Turkmenistan in 1990, and added that work on the pipeline will finally begin next week.

Pakistan’s Interstate Gas Systems, along with Turkmenistan’s Turkmengas, Afghanistan’s Afghan Gas Enterprise and India’s Gail Ltd, has equal share-holding in the TAPI Pipeline Company Limited (TPCL).

Saulat comments that gas supply to Pakistan by TAPI project would start in 2019. Pakistan and India will get over 1.3 billion cubic feet per day of gas from TAPI while Afghanistan will get 0.5 billion cubic feet.

India will pay $200-250 million in transit fees to Pakistan while Pakistan will pay the same amount as transit fees to Afghanistan, he said. Pakistan and India have both purchased five percent shares of the TAPI project.

The pipeline has a stretch of 1,800 km and is likely to cost more than $10 billion. Turkmenistan media said the government expects the gas link, with an annual capacity of 33 billion cubic metres, to be fully operational by the end of 2018.

The TAPI project could help ease growing energy deficits of Asian giants Pakistan and India. The project is politically complex, requiring cooperating governments, and logistically challenging, as the pipeline would pass through areas of Afghanistan and Pakistan plagued by Taliban and separatist insurgents.

(IANS)

(Picture Credit: en.trend.az)

Click here for reuse options!
Copyright 2015 NewsGram

Next Story

Sushma Swaraj meets with Kulbhushan Jadhav’s mother and wife

Jadhav, 47, was sentenced to death by a Pakistani military court on charges of espionage and terrorism in April, following which India moved the International Court of Justice (ICJ) in May. 

0
//
9
Kulbhushan Jadav is an Indian national, who is been sentenced to death by the Pakistani Army court.. Wikileaks
Kulbhushan Jadav is an Indian national, who is been sentenced to death by the Pakistani Army court.. Wikileaks
A day after their meeting across a glass panel with Kulbhushan Jadhav in Islamabad, the mother and wife of the Indian national on death row in Pakistan, met External Affairs Minister Sushma Swaraj here on Tuesday.
According to reports, Foreign Secretary S. Jaishankar and External Affairs Ministry spokesperson Raveesh Kumar accompanied Jadhav’s mother Avanti and wife Chetankul during the meeting at Sushma Swaraj’s residence.
In a meeting described as a “humanitarian gesture” by the Pakistan government on the birth anniversary of Muhammad Ali Jinnah, Jadhav came face to face with his mother and wife after a gap of 22 months at the Pakistan Foreign Office in Islamabad on Monday.
Separated by a glass partition in the heavily-guarded building, they spoke through an intercom watched by the Indian Deputy High Commissioner J.P. Singh who escorted them to the meeting.
Jadhav’s family was later taken to the Indian High Commission before their return to India late on Monday night via Oman.
The two women did not speak to the media in Islamabad.
Pakistan has said that the meeting does not mean any change in Pakistan’s stance regarding Jadhav.
Jadhav, 47, was sentenced to death by a Pakistani military court on charges of espionage and terrorism in April, following which India moved the International Court of Justice (ICJ) in May.
India has said that Jadhav is innocent and has maintained that he was kidnapped from Iran where he had gone for handling his businesses after superannuation from the Indian Navy.
Despite the death verdict, Pakistan last week reiterated that he was not under threat of an immediate execution as his mercy petitions were still pending. IANS

Next Story