Pakistan’s Minister of Petroleum and Natural Resources Asim Hussain met Cabinet Minister of Petroleum and Natural gas of India, Jaipal Reddy in New Delhi on 17 October 2012 in an event PETROTECH 2012 and discussed avenues for energy cooperation, including the trans-regional project TAPI.
Asim Hussain in his talk underlined the need of hastening work on the TAPI and the importance of demonstrating political will. He also stressed for setting up the economic modality by establishing a Special Purpose Vehicle or consortium duly empowered to take all necessary decisions.
About TAPI Gas Project
The TAPI is the Trans-Afghanistan Pipeline project which is also known as Turkmenistan–Afghanistan–Pakistan–India Pipeline, TAP or TAPI. It is basically a proposed natural gas pipeline that is developed by the Asian Development Bank.
The project was started on 15 March 1995 by signing a memorandum of understanding between the governments of Turkmenistan and Pakistan for a pipeline project.
Under the Proposed plan, the pipeline will transport Caspian Sea natural gas from Turkmenistan through Afghanistan into Pakistan and finally to India.
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