16
Mon, Sep

21th Meeting of Ministers of TAPI and results

Capital
Typography

tapi-pipelineToday Afghan Government hosted the 21th Steering Meeting of TAPI in Dilkusha Palace of Presidential Office of the Islamic Republic of Afghanistan.

The meeting was led by the Afghanistan Ministry of Mines and Petroleum and cooperated by the Ministry of Foreign Affairs of the country.

The ministers of oil and gas from Turkmenistan, Pakistan and India who was accompanied by technical delegations attended the meeting.

The primary and basic topics for approaching the fourth stage of the project –development and planning of the task, which ending to the fifth stage of execution of the project– discussed at the meeting. The project goes forward in accordance with the planned timetable.

Based on the agreement of the 21th Steering Meeting of TAPI, Turkmenistan ensured the memorandum of understanding-MOU between the French TOTAL company and the Government of Turkmenistan will be signed soon.

Simultaneously, the negotiation will continue with two oil companies –Rustech of Russia and Petroleum Pipeline of China- which have expressed their interest to be the head of the consortium, and the result will be shared with the relevant countries of the project.

It is expected that for management of the project, an MOU for shareholders of TAPI Limited will be signed soon between four enterprises and companies of the relevant countries.

TAPI Project discussed for the first time between four countries at the Regional Economic Cooperation Conference in 2005, in Kabul.

The implementation of the project in coming 30 years, 1700 Km long gas pipeline -730 Km be passed through Afghanistan- will be built, and 33 billion cubic meter gas will transfer annually.