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TAPI project: Pact inked for $200 million investment in studies

TAPI project: Pact inked for $200 million investment in studies

Shareholders of the Turkmenistan- Afghanistan-Pakistan-India (TAPI) Pipeline Company Limited on Saturday signed an agreement to invest USD 200 million in studies and engineering for the USD 10 billion project to transport natural gas to energy-hungry countries like India.

TAPI gas pipeline project to start from December 13

The ground-breaking ceremony of the proposed multi-billion dollar 1,735-kilometre gas pipeline connecting Turkmenistan, Afghanistan, Pakistan and India will start from December 13, Turkmenistan Ambassador to Pakistan has said.

Wary of risks, GAIL to take 10% stake in TAPI pipeline

Wary of risks, GAIL to take 10% stake in TAPI pipeline

India will pay heed to the risks attached to the US-based USD 10 billion Turkmenistan- Afghanistan-Pakistan-India (TAPI) natural gas pipeline, and has decided to take only up to 10 percent stake in the 1,800-kilometre line project. 


GAIL to hold stake in TAPI as global firms shun 4-nation project

The four nations planning the TAPI pipeline last week decided to co-own the project and a joint venture company with participation from each country would be set up to build and operate the over 1,800 line.

TAPI nations decide to co-own, develop $7.6 bn pipeline project

Unable to get an international firm to build their USD 7.6 billion project, the four nations involved in the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline Thursday decided to co-own the project with Turkmenistan's state company making majority investment.

TAPI gas pipeline construction to take 5 years: Afghan Prez

The construction of the USD 10-billion TAPI gas pipeline project will be completed in the next five years, Afghanistan President Ashraf Ghani said on Wednesday.

Stable policy regime must for investments in gas sector: Expert

Slamming the new natural gas formula as making "no sense", world renowned energy expert Fereidun Fesharaki has said only guaranteed market prices along with stable policy regime would bring in investments from global majors.

US welcomes establishment of TAPI

The US has welcomed the decision of establishing the ambitious TAPI gas pipeline project, a joint venture company for the transportation of gas through four countries including India and Pakistan.

TAPI pipeline: ADB to charge $30 million 'success fee'

Asian Development Bank (ADB) will charge a 'success fee' of USD 30 million besides a retainer fee of USD 50,000 per month for helping build the USD 7.6 billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project.

Bangladesh wants to join TAPI gas pact: Report

Bangladesh has expressed interest in joining the Turkmenistan, Afghanistan, Pakistan and India (TAPI) gas pipeline project which is expected to be completed by 2017, according to media reports.

India to guarantee safe gas transit from TAPI

India will pay USD 13 a unit for buying natural gas through the much-celebrated Tapi gas pipeline and will take indirect responsibility for safe transit of the fuel through high security risk areas in Afghanistan and Pakistan.