By Trend
During the working government meeting in Ashgabat, Myratgeldy
Meredov, Turkmen deputy prime minister for fuel and energy issues,
reported on the progress of construction of the
Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, being
built in accordance with the approved schedule, the Turkmen
government said in a message.
Having heard the report, Turkmen President Gurbanguly
Berdimuhamedov stated the progressive dynamics of the
implementation of the TAPI project.
The deputy prime minister was instructed to further diversify
the oil and gas sector, modernize its infrastructure, control the
timely implementation of major investment projects, including the
creation of new routes for the supply of Turkmen energy carriers to
global markets and the construction of modern gas processing
facilities, the message said.
The construction of the pipeline began in December 2015.
The possible costs of the TAPI project vary within $7-10
billion.
The consortium, with the participation of the Asian development
Bank (ADB), continues active negotiations with all interested
parties. Various options of participation in the project, such as
participation in the company's share, project financing, financing
through international development banks and with the help of export
credit agencies from around the world are being examined.
As the leader of TAPI Pipeline company Limited, Turkmengas State
Concern, which has a controlling stake, acts as the main financier
and project manager.
The consortium also includes the Afghanistan Gas Corporation,
Inter State Gas Systems (Private) Limited and Indian GAIL.
The total length of the pipeline, with a capacity of 33 billion
cubic meters of gas per year will be 1,840 kilometers. The fuel
will be supplied from the Galkynysh gas field in Turkmenistan, the
second largest in the world.
The length of the Turkmen section will be 205 kilometers.
Then, this energy bridge will pass through the Afghan cities of
Herat and Kandahar (816 kilometers), through the cities of Quetta
and Multan across Pakistani territory (819 kilometers), and reach
the settlement of Fazilka in India.
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