In the nearest future, TAPI Pipeline Corporation, which is in charge with construction of Turkmenistan-Afghanistan-Pakistan-India gas pipeline (TAPI), will sign a cooperation agreement with the Ministry of Petroleum and Natural Resources of Pakistan. It would bring the pipeline construction implementation to a new phase, Pakistani media reports.
It became known just after the next meeting of Atajan Movlamov, Ambassador of Turkmenistan in Pakistan, with Ghulam Sarwar Khan, Federal Minister for Petroleum and Natural Resources. As part of the negotiations, the Pakistani side reaffirmed its commitment to the TAPI project and assured that work on it is being carried out in accordance with the schedule.
The gas pipeline with an annual capacity of 33 billion cubic meters is aimed to export natural gas from Turkmenistan. It would help to meet the needs of Pakistan in the “blue fuel” necessary for industrial development. The state will also receive substantial dividends for the transit of natural gas to India.