Kazakhstan is actively negotiating with Turkmenistan to participate in the construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, according to Yerlan Akkenzhanov, Vice Minister of Energy. Akkenzhanov highlighted the potential benefits of Kazakhstan’s involvement in the project, emphasizing the country’s interest in expanding its hydrocarbon export and transit capabilities. “The transport potential for the export and […]
Pakistan extends special investment shield for TAPI project
Pakistan is working to extend its Foreign Investment Promotion and Protection Act (FIPPA) to cover Turkmenistan’s investment in the project of transnational gas pipeline Turkmenistan-Afghanistan-Pakistan-India (TAPI), Pakistani news outlets report. This decision, announced by a senior energy ministry official on Tuesday, offers valuable guarantees to the Turkmen government, potentially enhancing the project’s bankability. Estimated at […]
TAPI gas pipeline project: Two govts agree to continue work despite decline in ADB interest
Mushtaq Ghumman ISLAMABAD: Pakistan and Turkmenistan have resolved to continue work on Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline, despite declining interest of Asian Development Bank (ADB). This decision was taken at a meeting between Pakistani authorities and Turkmenistan delegation that visited Pakistan last month. On January 31, 2022, a bilateral meeting was held between representatives of […]
Coronavirus reshapes the hydrocarbon market
Elvira Kadyrova The coronavirus continues its march around the world at a fast pace, destabilizing the already unstable global economy and hitting its most “volatile” spot – the hydrocarbon market. The entire transport systems are being paralyzed, currencies are collapsing. Delicately backed up OPEC+ commitments on oil production cut have been crashed like a house […]
Tajikistan builds first tunnel for the Central Asia-China gas pipeline Line D
Elvira Kadyrova Tajikistan is completing the construction of the first tunnel on the route of the Line D under the Turkmenistan-China transnational gas pipeline. The tunnel is located on the territory of the Rudaki district in the east of the country. Totally, 42 mountain tunnels with a length of 63.3 km will be built along […]