Natural Gas Asia

Wednesday, July 23, 2014

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News - TAPI Pipeline Project

Displaying 1 - 10 of 76 articles

US Believes TAPI Pipeline Project Can Transform the Region

Turkmenistan, Afghanistan, Pakistan and India (TAPI) gas pipeline has the potential to transform both South as well as Central Asia, feels the United States. “The United States supports TAPI because we believe it has the potential to be transformative for the future of...

ADB to Charge $30 Mn 'Success Fee' for TAPI Project Completion

Asian Development Bank (ADB) would charge a ‘success fee’ of $30 million besides a retainer fee of $50,000 per month for helping build the $7.6-billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, says news agency Press Trust of India. Turkmenistan, Afghanistan, Pakistan and India appointed...

Indian Oil Corp Wants to Join GAIL for TAPI Implementation

State owned oil and gas company Indian Oil Corp (IOC) is keen on joining GAIL India for implementation of the TAPI natural gas pipeline, reports Press Trust of India.  IOC wants to be equal partner with GAIL in the $9 billion project with equal rights to sell gas imported from the pipeline, officials...

Turkmenistan Wants TAPI Construction Work to Begin in 2015

Construction of TAPI gas pipeline should begin in 2015, Turkmenistan's president Gurbanguli Berdymukhamedov has demanded. Berdymukhamedov said all the agreements required for the project's launch should be completed this year, news agency AP reported Friday citing country’s state media. A memorandum...

TAPI Project May Get US Consortium Leader

The TAPI gas pipeline project is likely to see an America-based consortium leader, according to Indian financial daily Business Standard. "Considering the terrorism-torn terrain of the project, we are looking for a US-based company with experience in building and operating the cross-country...

US Reiterate Preference of TAPI Over Iran-Pakistan Pipeline

United States has reiterated that Iran-Pakistan gas pipeline project is not credible and it favours TAPI pipeline project instead. In an interview given to local Pakistani Urdu daily Nawa-i-Waqt, Sara M. Baren, the US Consular on Economic Affairs in Pakistan said energy crisis in the South Asia nation...

TAPI Gas Pipeline Likely to be Complete by 2017 end

India’s Petroleum and Natural Gas Minister M. Veerapa Moily is hopeful that the $7.6-billion TAPI gas pipeline will become a reality in by the end of 2017, reports Business Line newspaper. Asian Development Bank is in the process of looking for a lead partner for the consortium that will lay the...

Transaction Advisory Services Agreement for TAPI to be Inked This Month

Turkmenistan, Afghanistan, Pakistan and India are all set to sign the Transaction Advisory Services Agreement (TASA) on November 20-21 at Ashgabat, according to a report in Pakistani daily The News. This agreement will enable Asian Development Bank as Transaction Advisor to find a leading and technically...

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