UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

India gives boost to TAPI pipeline

|
 
Published: Feb. 8, 2013 at 6:41 AM

NEW DELHI, Feb. 8 (UPI) -- GAIL (India) Ltd. can join a company tasked with finding a consortium to lead development of a gas pipeline from Turkmenistan, the Indian government said.

The Indian government gave its consent to the forming of TAPI Ltd., which from Dubai will look for a consortium to lead the development of the Turkmenistan-Afghanistan-India natural gas pipeline. State-owned GAIL is permitted to join the project, reports Indian newspaper The Hindu.

India and Pakistan are to receive 1.3 billion cubic feet of natural gas per year from the project while Afghanistan would get 494 million cubic feet. Project construction is to begin by the end of the year. GAIL will invest $5 million to support pipeline development.

Indian President Pranab Mukherjee hosted Turkmen Foreign Minister Rashid Merdeov last month in New Delhi to discuss TAPI prospects. Mukherjee said India was committed to implementing the pipeline by 2017.

Turkmen officials in early 2012 agreed to sell natural gas to Asian customers through the 1,050-mile pipeline. U.S. officials have expressed their support for the project, seen as a rival to similar plans for a natural gas pipeline backed by the Iranian government.

Topics: Pranab Mukherjee, War in Afghanistan
Recommended Stories
© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional Energy Resources Stories
1 of 16
Flags-In Ceremony at Arlington National Cemetery
View Caption
Staff Sgt. Jeffrey Roskos with the 3rd U.S. Infantry Regiment, "The Old Guard," participates in the annual Flags-In ceremony, May 23, 2013, at Arlington National Cemetery in Arlington, Virginia. Soldiers place American flags in front of more than 260,000 gravestones in the cemetery in honor of Memorial Day. UPI/Kevin Dietsch
fark
Prepare to be SHOCKED: some people underestimate the calories in fast food
Potatoes, once bad for you, then really bad for you, then instantly fatal, are now good for you....
Remember how Kate Upton backed out of taking that high school teen to his prom? Well, he's since...
Judge arrested by feds for buying heroin and carrying a gun. Appears for arraignment wearing a t-shirt...
Streetlight spotted over haunted historic barn. Aw jeez, not this shiat again
Photoshop these dam kids