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    Turkmenistan

    Pakistan incentivises Turkmen gas pipeline project through Afghanistan

    Pakistan incentivises Turkmen gas pipeline project through Afghanistan

    The Pakistan government has granted special exemptions to boost the Turkmenistan-Afghanistan-Pakistan-India (TAPI) Gas Pipeline project, Realtorspk (Pakistan) reports.

    "Pakistan has taken a strategic step in line with its previous commitment to adopt a consistent legal and regulatory framework for the TAPI project." 

    The Cabinet Committee on Energy (CCoE), led by Power and Petroleum Minister Muhammad Ali, has decisively approved several concessions, the information said. 

    The  Host Government Agreement (HGA) is expected to incorporate a standard waiver of immunity, which aligns with international precedents.

    The Pakistan Government is all set to grant consortium TAPI Pipeline Company Limited (TPCL) special concessions and permissions under the forthcoming HGA.

    These concessions will cover crucial aspects such as travel, investment protection, and approval processes. "This development marks a vital step forward in the progress of the TAPI Gas Pipeline project, contributing to regional energy security and economic cooperation". 

    The Petroleum Division briefed the committee on the project’s objectives, emphasizing natural gas transportation from Turkmenistan’s Galkynysh and adjacent gas fields to Afghanistan, Pakistan, and India.

    The Gas Pipeline Framework Agreement (GPFA) signed in 2010 outlined the Host Government Agreements (HGA) between Afghanistan, Pakistan, and the TPCL.

    Experts told Daryo that the Turkmen section of TAPI, just over 200km long, whose construction started in December 2015, is ready for operation.

    At this stage, conditions are being considered for the construction and operation of the Afghan and Pakistani sections of the 1,639km pipeline.

    Eziz Boyarov 

     

    28.11.2023, 15:46   Comments (0)   1420
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