Turkmen gas for India - Hindustan Times
close_game
close_game

Turkmen gas for India

Hindustan Times | ByDeepak Joshi and Kamal Siddiqi Deepak Joshi and Kamal Siddiqi, New Delhi/ Karachi
Apr 25, 2008 12:07 AM IST

The project will help to promote energy security of the participating countries and strength regional cooperation, report Deepak Joshi and Kamal Siddiqi.

India has been formally admitted to 1680 km Turkmenistan-Afghanistan-Pakistan-India gas pipeline project at the 10th Steering Committee Meeting in Islamabad. The next meeting of the Steering Committee will be held in India.

HT Image
HT Image

The project will help to promote energy security of the participating countries and strength regional cooperation.

Hindustan Times - your fastest source for breaking news! Read now.

It may be mentioned that the Turkmenistan-Afghanistan-Pakistan (TAP) project was initially conceived in 2002. The gas is expected to flow to India from Turkmenistan in the year 2014.

During the meeting in Islamabad in last two days, an Intergovernmental Framework Agreement to facilitate implementation of the project, was initialed by the four participating Ministers of the four participating countries.

As per the text of the agreement, the pipeline will be executed by a Consortium. The gas will be supplied from Douletabad and other fields in Turkmenistan and the Principle of unobstructed transit of natural gas, in accordance with international norms, will be followed. The safety and security of the pipeline and related infrastructure will be provided by concerned Governments in their respective territories. Transportation tariff will be based on the cost of service method.

Unlock a world of Benefits with HT! From insightful newsletters to real-time news alerts and a personalized news feed – it's all here, just a click away!- Login Now!
Stay informed on Business News along with Gold Rates Today, India News and other related updates on Hindustan Times Website and APPs
SHARE THIS ARTICLE ON
Share this article
SHARE
Story Saved
Live Score
OPEN APP
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Thursday, March 28, 2024
Start 14 Days Free Trial Subscribe Now
Follow Us On