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At a meeting with the Minister of Oil of Pakistan, the promotion of the TAPI project was discussed

25.07.2024 | 20:35 |
 At a meeting with the Minister of Oil of Pakistan, the promotion of the TAPI project was discussed

The Turkmen delegation led by Deputy Chairman of the Cabinet of Ministers and Minister of Foreign Affairs of Turkmenistan Rashid Meredov met on Wednesday, July 24, in Islamabad with Federal Minister of Petroleum of Pakistan Musadiq Malik.

The parties discussed priority issues of cooperation in the fuel and energy sector and the promotion of the implementation of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) transnational gas pipeline project.

Reliable and affordable energy supplies are vital to Pakistan's industrial sectors and overall economic stability, Musadiq Malik stressed. He also added that Pakistan is fully committed to the TAPI project, which is of great importance for regional energy cooperation and infrastructure development.

During the negotiations, Muhammetmyrat Amanov, the CEO of TAPI Pipeline Company Limited, noted that thanks to the special attention of the Minister of Oil and the Special Council for Investment Promotion (SIFC) the TAPI project has made significant progress and is on the right track.

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Speaking about the developments, officials from Pakistan and Turkmenistan emphasized the strategic importance of the project in improving regional connectivity, promoting economic growth and meeting the energy needs of participating countries. They emphasized their commitment to further cooperation and mutual support.

The TAPI project remains a testament to the strong partnership between Pakistan and Turkmenistan, reflecting the shared goals of regional stability and prosperity through sustainable energy solutions, a press release from Pakistan's Ministry of Broadcasting and Information stated.

The meeting was also attended by Nadeem Bajwa, Managing Director of Inter State Gas System Limited, a company that operates under the auspices of the petroleum division of the Ministry of Energy of Pakistan and is engaged in the implementation of strategic infrastructure projects in the gas industry.

ORIENT news

Photo: pid.gov.pk

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