TAPI gas pipeline to bridge energy gap between South, Central Asia
The Dollar Business Bureau Work on the much awaited TAPI (Turkmenistan, Afghanistan, Pakistan, and India) gas pipeline has begun with the leaders of all four countries committing to ensure technical and commercial viability of the project. The construction work of the 1,800-km pipeline will be carried out by Turkmenistan’s state-run company Turkmengaz. The project worth $7.6 billion will carry gas from Turkmenistan’s Galkynysh field to Pakistan and India via Afghanistan. On Sunday, Indian Vice President Hamid Ansari, Pakistan Prime Minister Nawaz Sharif, Afghan President Ashraf Ghani and Turkmenistan President Gurbanguly Berdimuhamedow pushed the start button of the project. Speaking at the ground-breaking ceremony in Mary—the ancient city of Turkmenistan, Ansari said that the launch of the gas pipeline project marks the ...
Right time for India to revive trade with Iran, says industry body
The Dollar Business Bureau Removing trade restriction from Iran by the United Nations Security Council has opened up huge opportunity for India to import natural gas from Iran without involving Pakistan, an industry body said. “Lifting of Western sanctions now holds the promise of starting an undersea pipeline project that would bring Iranian gas to Porbandar port in Gujarat bypassing Pakistan, which has been the main sticking point for the other multilateral projects of Turkmenistan-Afghanistan-Pakistan-India (TAPI) and Iran-Pakistan-India (IPI),” said Associated Chamber of Commerce & Industry (ASSOCHAM) in its study on ‘India’s Trade with Iran’. With the IPI still stuck and the TAPI project yet to take off, the South Asia Gas Enterprises Pvt Ltd (SAGE) proposed an undersea pipeline bypassing Pakistan’s ...
India for fast completion of TAPI natural gas pipeline project
Sai Nikesh | The Dollar Business The Government of India pitched for fast completion of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline project, at a steering committee meeting in Islamabad on Wednesday. Speaking at the 20th steering committee meet of the project, Dharmendra Pradhan, Indian Minister of State (Independent Charge) for Petroleum, reiterated India’s commitment to source natural gas from Turkmenistan. The Minister stressed on expedition of the selection of mutually acceptable Consortium Leader in a time bound manner, which is very important step to complete the project. The Minister further said that the TAPI project would help India in achieving this goal of developing National Gas Grid, a gas infrastructure project that was intended to be built by the Government ...
