investorschatroom.com

People

We are turning TAPI into reality: PM Abbasi

Share
Tapi-pipeline

Turkmenistan has completed construction of gas pipeline in its section under TAPI project, following which a groundbreaking ceremony is scheduled to be performed at the Turkmen border city of Serhetabat tomorrow to take the pipeline to Afghanistan.

Work for the project, created to transfer 33 billion cubic meters of natural gas from Galkynysh natural gas reserve of Turkmenistan annually along an 1,800 km route to Pakistan and India via Afghanistan, was formally inaugurated at a ceremony Friday.

Turkmenistan sits on the world's fourth-largest gas reserves but lost a major buyer in Russia after Russian energy giant Gazprom wound down imports of Turkmen gas and then ceased purchases completely in 2016.

This was the first leg of the ground-breaking ceremony, which was also attended by Turkmenistan's President Gurbanguly Berdimuhamedov, President of Afghanistan Ashraf Ghani and India's Minister of State for External Affairs M J Akbar, according to information received here.

"TAPI will lead from a gas pipeline into an energy and communication corridor", Mr Abbasi said, adding that as well as providing energy, the pipeline would underpin development of road, rail and communications networks. He said the Afghanistan government's policy is a policy of "connectivity" and South Asia is being connected with Central Asia through Afghanistan, TOLO News reported.

The multi-million dollar gas pipeline will link energy-rich Turkmenistan to the three countries. The successful accomplishment of the project would help accelerate pace of socio-economic activities in the participating countries besides creating direct and indirect employment opportunities.

LBPD Arrests Student At Wilson High For Alleged Threats
The public is asked to follow the protocol of "See Something, Say Something" when witnessing or hearing suspicious activity. The incident follows that of a similar threat made earlier Thursday by a 15-year-old freshman at Millikan High School.

Three-putts derail Anirban Lahiri, slips to tied 26th at Genesis Open
I was focusing on the wrong things. "And I was focussing on the wrong things...pitiful me and not how lovely my life was". European - Joost Luiten won the inaugural Oman Open in Muscat, to break a title drought of almost 17 months.

Trump tweets denial of woman's claim he kissed her without consent
She claims he asked whether she wanted to be a model, before kissing her for two whole minutes. She describes Trump first grabbing her hand, then kissing her on the cheek and then the lips.

The pipeline will traverse war-wracked Afghanistan, raising security concerns.

Gazprom, the Russian natural gas monopoly, has found no backing for its proposed trans-Korean gas pipeline crossing the Demilitarized Zone, which it says would ease tensions.

In a telephone interview, Afghan Taliban spokesman Zabihullah Mujahid told AP that they were ready to guarantee the pipeline's security.

"Today, given the energy requirements in India, there are several gas pipeline proposals before us".

Ghani described the project as a "corridor of development" and stressed on regional cooperation.

The Prime Minister also congratulated the ADB for its role in making the project a reality.

Share