Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

TAPI gas pipeline meeting to be held in Turkmenistan today

byCT Report
20/05/2019
in Business, Latest News
Share on FacebookShare on Twitter

ASHGABAT: A delegation led by Special Assistant to Prime Minister Imran on Petroleum Nadeem Babar departed for Ashgabat on Sunday for Turkmenistan to participate in the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline meeting.

Groundbreaking of the TAPI gas pipeline will be held in Pakistan in October, according to sources. The Pakistani delegation is travelling to Turkmenistan to finalise the plans for the groundbreaking of the project.

You might also like

Hyderabad Customs ramps up anti-smuggling drive, confiscates goods worth over Rs77m

24/06/2026

Govt borrows Rs4.9 trillion from banks despite rise in tax collections

24/06/2026

The TAPI gas pipeline project is expected to be completed by 2022 in Pakistan. Once completed; Pakistan is expected to receive 1.320 billion cubic meters (bcm) of natural gas.

The TAPI project, supported by the United States and the Asian Development Bank (ADB), has been touted by Turkmenistan since the 1990s. But the start of work was delayed because of the problem of crossing Afghanistan.

The ADB is acting as the facilitator and coordinator for the project. It is proposed to lay a 56-inch diameter 1,680 KM pipeline with design capacity of 3.2 billion cubic feet of natural gas per annum (Bcfd) from Turkmenistan through Afghanistan and Pakistan up to Pak-India border.

The pipeline will run for hundreds of kilometers (miles) through areas of southern Afghanistan largely controlled by Taliban fighting the Western-backed government in Kabul but the movement has signaled that it will not hinder the project.

Ex-Soviet Turkmenistan holds the world’s fourth-largest natural gas reserves but has been heavily dependent on gas exports to China after Russia cut back gas imports in the past few years.

The project is expected to transport 33 billion cubic meters (bcm) of natural gas a year along an 1,800 kilometer route from Galkynysh, the world’s second-biggest gas field, to Fazilka near the border with Pakistan in northern India.

Afghanistan, which suffers from chronic energy shortages, is expected to take five billion cubic meters of gas itself, with the rest divided equally between Pakistan and India. In addition, Kabul will earn hundreds of millions of dollars in transit fees.

Related Stories

Hyderabad Customs ramps up anti-smuggling drive, confiscates goods worth over Rs77m

byCT Report
24/06/2026

HYDERABAD: Collectorate of Customs (Enforcement), Hyderabad, has significantly intensified its anti-smuggling campaign, conducting a series of successful intelligence-based operations that...

Govt borrows Rs4.9 trillion from banks despite rise in tax collections

byCT Report
24/06/2026

KARACHI: The federal government borrowed more than Rs. 4.9 trillion from commercial banks during the first eleven and a half...

FBR freezes bank accounts over Rs23.23b tax dispute

byCT Report
24/06/2026

LAHORE: The Federal Board of Revenue (FBR) has frozen the bank accounts of the Universal Service Fund (USF), a government-owned...

Govt abolished Super Tax for major export-oriented companies

byCT Report
24/06/2026

ISLAMABAD: The federal government has approved the complete abolition of Super Tax for companies whose export receipts account for more...

Next Post

SBP announces monetary policy, increases interest rate to 12.25pc

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.