News // Transportation and storage
Pakistan and Turkmenistan ink final version of TAPI gas accord
13 March 2019 , 14:09Neftegaz.RU519
Islamabad, March 13 - Neftegaz.RU. Pakistan and Turkmenistan on March 12 signed the final version of the Host Government Agreement on Turkmenistan, Afghanistan, Pakistan and India (TAPI) gas pipeline network.
The agreement was signed by the Secretary Petroleum Mian Hayauddin and CEO of TPCL Amanov. According to a statement released from the ministry, Federal Minister for Petroleum Ghulam Khan and Rashid Meredov, Foreign Minister of Turkmenistan were also present on the occasion.
R.Meredov appraised the minster of his government’s initiatives in ensuring that the timelines of the project were being met. He appreciated the strong support being received by Pakistan towards the TAPI gas pipeline project.
The Turkmen minister discussed with the Pakistani delegation his government’s plan to make transport and energy corridor between Pakistan and Turkmenistan via Afghanistan and to lay an optic fiber network parallel to the route of the pipeline and see its possible extension till China.
TAPI gas pipeline project aims to bring natural gas from the Gylkynish and adjacent gas fields in Turkmenistan to Afghanistan, Pakistan and India. There are 2 phases of this projectly, the 1st phase is free flow phase with estimated cost of $5 to 6 bn. While 2nd phase is installation of compressor stations with the cost of $1.9 to 2 bn.
Both, Turkmenistan and Pakistan resolved to hold the steering committee meeting of the project in March 2019. The tenders relating to this project will analyzed in next 2 months. The construction equipment will be procured in May 2019.
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