English | دری

21st TAPI summit being held in Kabul today

in Afghan Business

21st TAPI summit being held in Kabul today

The 21st summit of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is being held in Kabul today.

Representatives of the mines and petroleum ministry of the concerned nations will discuss the improvements achieved during the implementation of the project.

The pipeline will be operational in 2017. It has the capacity to carry 90mn standard cubic meters a day gas for a 30-year period, of which India and Pakistan would get 38 mmscmd each, and Afghanistan would get the remaining 14 mmscmd.

The 1735km gas pipeline is expected to stretch from the largest gas field in Turkmenistan, Galkynysh, through Afghanistan’s provinces of Herat and Kandahar to Fazilka, area located between India and Pakistan.

The four nations’ president signed the intergovernmental agreement of the TAPI project in 2010 in Ashgabat, Turkmenistan. The project is developed by the Asian Development Bank.

The project has been a topic of discussion from 1990 onwards.

The Transaction Advisory Services Agreement (TASA) on the project was signed in November 2013.

The pipeline will bring USD 450mn in revenue to Afghanistan and generate employment opportunities for thousands of youths.


Tags assigned to this article:
TAPITAPI summit in Kabul

Related Articles

US increases loads on planes to save money

Kabul (Agencies)-A U.S. Air Force C-17 crew member collects straps that restrained 40 bundles the plane air-dropped to a remote

Afghan Senate urges the government to bring reforms to the tax system

Afghan senators have called on the government to bring reforms to the tax system and help create an investment-friendly environment.

Fourth Cohort of Afghan Students Receives Master of Education Degree

Twenty-two students received Master of Education degrees today from Shahid Professor Rabani Education University, as senior Afghan and U.S. education

No comments

Write a comment
No Comments Yet! You can be first to comment this post!

Write a Comment

Your e-mail address will not be published.
Required fields are marked*

Time limit is exhausted. Please reload the CAPTCHA.