Pakistan is ready to implement the TAPI gas pipeline, - media
22:11 10.02.2023 3615
Pakistan has shown readiness to proceed with the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project with or without India, as Afghanistan is ready to assemble special forces for this project. This was stated by Minister of State for Petroleum and Natural Resources Musadik Malik during his recent visit to Saudi Arabia, writes Business Recorder, a daily financial newspaper in Pakistan.
Sources of the publication said that the minister informed the Saudi side about the current situation on the TAPI gas pipeline project. Malik noted that Turkmenistan is interested in moving the project forward and stated that Pakistan wants to implement the project as soon as possible and complete it with or without India's participation. Malik reportedly said that if India decides to withdraw from the project, Pakistan is ready to buy its share of the gas.
On the issue of Afghanistan, the Minister of State for Oil and Natural Resources acknowledged that the country's security and political situation remain a stumbling block. However, if favorable factors are created, the security problem can be solved. According to him, transit revenues from the pipeline will amount to 80-85% of Afghanistan's annual budget, which makes ensuring its security mandatory.
Sources said the Saudi side has indicated that it will closely monitor developments regarding TAPI. They also suggested that if all security issues are resolved and economic aspects are worked out, investment organizations such as PIF (Public Investment Fund – Saudi Arabia State Investment Fund) SDF and Exim Bank can be involved in the project.
During the meeting with the Ministers of Finance, Energy, Minerals and Industry of Saudi Arabia, Pakistan's Minister of State for Petroleum and Natural Resources also proposed a new project where natural gas from Turkmenistan could be brought to Gwadar via the Chaman gas pipeline and converted into LNG for export.
In his opinion, if Saudi Arabia joins this project, this may open up new opportunities, and Pakistan, Turkmenistan and Saudi Arabia may become joint LNG exporters.
Gurbanguly Berdimuhamedov: The oil and gas industry is the main base for strengthening our economic independence of Turkmenistan
The country's oil and gas industry is the main base for strengthening our economic independence, improving people's living standards, creating powerful, diversified manufacturing industries. President Gurbanguly Berdimuhamedov said it, speaking on September 1 in the capital's Congress Center, where he held a general lesson on the occasion of the Day of Knowledge and Student Youth and the beginning of the new academic year.
Issues of expanding the Turkmen-Chinese partnership discussed in Beijing
Ambassador of Turkmenistan to China Parahat Durdyev met with the director of the International Educational College of Xi'an Petroleum University and the Silk Road Energy College Ms. Dong Hao in Beijing, Orient reports.
The President of Turkmenistan ordered to send liquefied gas to Uzbekistan free of charge
Turkmenistan will send a batch of liquefied gas to Uzbekistan to support the neighboring country, which experiences a shortage of fuel resources in the winter.
«Nebitgazchykarysh» trust increases the volume of oil and gas production
Employees of the «Nebitgazchykarysh» trust of the State Concern «Turkmennebit», thanks to the effective overhaul of wells and their commissioning, make a significant contribution to the increase in oil and gas production. As a result of these works for seven months of the year under the motto «Turkmenistan – Homeland of Peace and Trust», the volume of additional oil produced by the concern amounted to about 120 thousand tons, instead of the planned 96 thousand 585 tons.
Ministry of Labor recommends introducing flexible working hours to prevent the spread of viruses
In connection with the current epidemiological situation in the world, in order to prevent seasonal viral infections, the Ministry of Labor and Social Protection of the Population of Turkmenistan recommended to all organizations of the country, regardless of their form of ownership, temporarily to switch to a flexible working hours of employees.