"The United States government welcomes the establishment of TAPI Ltd. And the ongoing commitment all four Turkmenistan- Afghanistan-Pakistan-India (TAPI) countries have made to the project," a State Department official said.
The project, if realised, would further diversify Turkmenistan's energy market options, provide revenue and jobs for Afghanistan at a crucial time in its economic development, and bring clean fuel to the growing economies of Pakistan and India, the official said.
"It will be important for the parties to engage an international energy company in the project, which can work in cooperation with Turkmengaz in the development of the gas supply and serve as commercial champion for the project," the official said.
"The United States continues to support TAPI, which we see as an important component of our New Silk Road initiative that seeks to link South and Central Asia," the official added.
When completed, TAPI gas pipeline project will supply 15 billion cubic meter of gas to India from Turkmenistan through Afghanistan and Pakistan.
The total length of the pipeline will reach 1,735 kilometres. Some 200 kilometres of which will run through Turkmenistan, 735 kilometres through Afghanistan, 800 kilometres through Pakistan to the settlement of Fazilka, located on the border with India.
State Concern "Turkmengas", Afghan Gas Enterprise, Inter State Gas Systems (Private) Limited and GAIL will own equal shares of the company, TAPI Pipeline Company Limited (TPCL).
The company will build, own and operate the ambitious gas pipeline.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
