TAPI Chairman meets Pak Foreign Minister, apprises him of project progress

Image
ANI Asia
Last Updated : Oct 16 2019 | 11:50 PM IST

Chairman of Turkmenistan-Afghanistan-Pakistan-India (TAPI) Pipeline Corporation Murad Amanov on Wednesday met Pakistan Foreign Minister Shah Mahmood Qureshi and apprised him about the progress in the Trans-Afghanistan project.

Qureshi assured the delegation about the government's commitment to ensure early implementation of the TAPI Gas project and promote cooperation in the energy sector with Turkmenistan.

Energy is important for advancing the domestic economy, therefore, the government is paying special attention to the energy sector for economic development, he said.

Meanwhile, Amanov told the foreign minister that talks between Pakistan and TAPI Company are underway successfully for the finalization of this agreement by the host government.

Qureshi said that ensuring safety of oil and gas supply is our top priority.

The TAPI gas pipeline project is expected to be completed by 2022 in Pakistan.

The TAPI project, supported by the United States and the Asian Development Bank (ADB), has been supported by Turkmenistan since the 1990s. But the initiation of the project was delayed due to issues related to the instability in the region, especially in Afghanistan.

The ADB is acting as the facilitator and coordinator for the project. It is proposed to lay a 56-inch diameter and 1,680-kilometre pipeline with a capacity of transporting 33 billion cubic meters (BCM) of natural gas per annum from Turkmenistan through Afghanistan and Fazilka near the India-Pakistan border, Geo News reported.

The pipeline will run through areas of southern Afghanistan largely controlled by the Taliban.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 16 2019 | 11:36 PM IST

Next Story