$10 billion TAPI gas pipeline project kicks off in Pakistan
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ISLAMABAD:
Pakistan is all set to inaugurate the TAPI gas pipeline project in its territorial jurisdiction which will not only enhance the economy of Pakistan but will also help Pakistan in becoming the regional Hub and transit route.
Construction work on the much-vaunted Turkmenistan, Afghanistan, Pakistan and India (Tapi) gas pipeline project will kick off in Pakistan on Friday.“Officials from Turkmenistan have reached along with a high-level delegation and an inaugural ceremony will be held on Friday to start work on route survey and detailed engineering in Pakistan,” said Inter State Gas Systems Managing Director Mobin Saulat.
The route survey, detailed engineering and feasibility study, which will be conducted by a consultant, are required to be undertaken before the building of the gas pipeline.
The project management consultant will first undertake the survey and study in Pakistan and then extend its scope to Afghanistan.
Tapi Company, established with the task of running the transnational gas pipeline, has awarded project management contract to German firm ILF.
“Building of the pipeline and development of gas field has begun in Turkmenistan and we appreciate its efforts to step up activities in an attempt to complete the project according to the schedule,” Saulat said, emphasising that Pakistan reiterated its firm commitment and would continue to provide full support.
He revealed that efforts aimed at achieving financial close of the project were also continuing and the pipeline would be commissioned as per schedule.
Turkmenistan, Afghanistan, Pakistan and India have already signed an investment agreement for the $10-billion Tapi pipeline in order to kick off work, update feasibility study and finalise a pipeline route in strife-torn Afghanistan.
