TAPI project enters practical phase in Pakistan

Image
IANS Islamabad
Last Updated : Mar 03 2017 | 6:08 PM IST

The multi-billion dollar Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project entered its practical phase in Pakistan after the process of initiating front-end-engineering-and-design (FEED) route survey was formally inaugurated on Friday.

Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi said it was a great moment for Pakistan to witness the launch of project in its practical form after a period of 22 years.

He said the FEED process was launched in Afghanistan last week and now it was being initiated in Pakistan under the project to lay a 56-inch diameter 1,680 km pipeline, having capacity to flow 3.2 billion cubic feet per day (bcfd) gas from Turkmenistan through Afghanistan and Pakistan up to Pakistan-India border.

The minister expressed confidence that the project would complete "in time and on cost" and help meet energy requirements of Afghanistan, Pakistan and India.

Terming the project crucial, Abbasi said Pakistan was in dire need of the gas, which it was meeting through import of Liquefied Natural Gas (LNG) for the last two years in an effective manner.

He said Pakistan would have surplus power and gas when the five-year tenure of incumbent government of Pakistan Muslim League-Nawaz would end in 2018.

The minister said under the TAPI project, scheduled to complete in the year 2020, Pakistan would be getting one third of its total gas production, which currently stands at 4 bcfd.

During the last two years, he said significant developments had taken place for the smooth and timely execution of project and acknowledged the role of Turkmen President and government in initiating the practical work.

Abbasi said all the participating countries were cognisant of the difficulties involved in the project and these would be overcome for making the TAPI a reality.

Under the pipeline, Pakistan and India will be provided 1.325 bcfd gas each and Afghanistan will be getting the share of 0.5 bcfd gas.

--IANS

ahm/vm

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: Mar 03 2017 | 5:58 PM IST

Next Story