ISLAMABAD: Construction of the mega project consisting four countries, Turkmenistan-Afghanistan-Pakistan-India (tapi) gas pipeline, will start by the next week in Turkmenistan, at least 25 years after the commencement of the project.
Prime Minister Nawaz Sharif and Afghan, Indian counterparts would attend the starting construction ceremony of the $10 billion project in Ashgabat, the capital of Turkmenistan.
Talks to import gas to fulfill the energy requirements of Pakistan was started with Turkmenistan in 1990 and that the work on the pipeline will at last start on December 13. Interstate Gas Systems, along with Turkmenistan’s Turkmengas, Afghanistan’s Afghan Gas Enterprise and India’s Gail Ltd has equally holding shares in the highly anticipated Tapi Pipeline Company Limited (TPCL).
The mega project was a great deal for Interstate Gas Systems and featured with strategic significance for Pakistan. Gas provision to Pakistan through Tapi project would start by 2019.
Under this project, Pakistan and India would have approx. 1.3 billion cubic feet gas per day while, Afghanistan would be having 0.5 billion cubic feet.
Five percent shares of the project have been purchased by Pakistan and India and India would pay $200-250 million in transit fees to Pakistan and Pakistan will pay the same amount in transit fees to Afghanistan.
According to Turkmenistan official newspaper, their government hopes that the gas link would be fully functioning by the end of 2018.