English | دری

Kabul to host the 21st TAPI summit

in Afghan Business

Kabul to host the 21st TAPI summit

The 21st Summit of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline will be hosted in Afghanistan’s capital city, Kabul, within two months.

The officials of the concerned nations will finalize the inception date of the project during the upcoming meeting.

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 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.



Related Articles

India announces new education program for foreign students

The Indian government has announced the Direct Admission of Students Abroad (DASA) program. This program allows foreign national students as

Germany provides AFN 6.4bn in funds to Afghanistan

The Afghan government and the German KfW Development Bank signed a financial agreement on Thursday. As per the agreement Germany

Cigarette Taxes to Spike Up in Afghanistan

The National Security Council instructed the Ministry of Finance in a meeting at the Presidential Office to increase cigarette taxes.

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Your e-mail address will not be published.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.