Home - Business - Turkmenistan kicks off working on gas pipeline to Pakistan

Turkmenistan kicks off working on gas pipeline to Pakistan

Advertisements

ASHGABAT, TURKMENISTAN: Turkmenistan has started working on an ambitious 1,800-kilometre-long pipeline that would carry gas from the Turkmenistan to energy needed India, Pakistan and Afghanistan, according to state media on Friday.

Advertisements

Specialists of the Institute of Oil and GAs in the ‘Turkmengaz’ state cooperation have started engineering and surveying work on the route for the future gas pipeline Turkmenistan-Afghanistan-Pakistan-India (TAPI),” state newspaper Neutral Turkmenistan reported, adding that the construction of the pipeline would be launched in December this year.

Advertisements

All the countries have been planning the striving project to meet ever increasing energy requirements, but issues related to administrative and unrest in Afghanistan have so far suspended its realization.

All the four countries have agreed last month that state company Turkmegaz would lead the association for the $10 billion project; besides foreign commercial companies also likely to participate in this project.

Turkmen President Gurbanguly Berdymukhamedov had said last month that Japanese and Korean companies had shown interest in investing into TAPI and has called Turkish companies to take part in the bidding for it.

Hopefully, TAPI to ship up to 33 billion cubic metres of gas every year commencing from 2018, most of which will be sucked up by Pakistan and India.

Check Also

Bahria Town, Hyatt Hotels sign deal for building Hyatt hotels in Pakistan

Advertisements Bahria Town, Pakistan’s largest real estate developer has signed in deal with  Hyatt Hotels for …

Leave a Reply

Your email address will not be published. Required fields are marked *