English | دری

Land Acquisition for TAPI Gas Pipeline Project to Begin Soon

in Afghan Business

Land Acquisition for TAPI Gas Pipeline Project to Begin Soon

The Turkmenistan-Afghanistan-Pakistan-India natural gas pipeline requires a 600km by 44meters area of land, as per the plan.

Practical work on land acquisition for the project is expected to kick off this week, according to the Afghan Ministry of Urban Development and Land.

Ministry’s spokesperson Hashmatullah Nasiri said that the regulation in this regard has been finalized and after its approval, work begins on acquisition, registration, survey, right of ownership and resettlement of those who reside on the route of the project.

The $10 billion pipeline connects the energy-rich central Asian nation to some of the strongest growth markets in South Asia.

The pipeline will transfer Turkmenistan’s electricity to Pakistan through Afghanistan. Three substations will be established in Herat, Farah and Kandahar provinces of Afghanistan.

Afghanistan will annually get 500 million cubic meters of gas from the project in the first ten years. The amount will increase to one billion cubic meters of gas in the following ten years and 1.5 billion cubic meters of gas in the third 10 years after the completion of the project.

In addition, Afghanistan is expected to earn USD 110mn annually from the project.

The project also includes an optic fiber which will connect regional and neighboring countries. A highway connecting Pakistan and Turkmenistan through Afghanistan is also part of the project.


Tags assigned to this article:
Afghanistan gas pipelineTAPI

Related Articles

Newly established Afghan financial company opens door to stock market

Vision Financial Services is a newly established financial services provider that helps Afghans set up online accounts and participate in

Nimroz revenue reaches 3bn AFN in first quarter

The customs department of southwestern Nimroz province has recorded a revenue of nearly three billion Afghanis in the first quarter

Afghan-Pak bilateral trade declines

Earlier this year the Pakistan-Afghanistan Joint Commission (JEC) had agreed to enhance the bilateral trade from USD 2.5 billion in

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Your e-mail address will not be published.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.