(MENAFN- Trend News Agency) Ashgabat, Turkmenistan, Nov. 16
By Huseyn Hasanov – Trend:
The Turkmen gas, which is to be delivered via the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline, will reach Pakistan in two years, the Turkmengas State Concern said in a message quoting CEO of the TAPI Pipeline Company Ltd. Consortium Muhammetmyrat Amanov.
He was speaking at the Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) underway in the UAE.
Amanov also noted that the total cost of the TAPI pipeline is about $7 billion.
"We plan to make a final investment decision in the first half of next year, and then to gradually complete construction in Afghanistan, Pakistan and India," he noted.
The construction of the pipeline began in December 2015. As the leader of TAPI Pipeline Company Limited, Turkmengas State Concern, which has a controlling stake, is 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 gas will be supplied from the Galkynysh field in Turkmenistan, the second largest in the world. 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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