TurkmenGaz, will lead Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline. TurkmenGaz owns largeest stake in TAPI. During the summit, all countries agreed to jointly take ownership of a pipeline project and make investments as per the agreememnt. This will make each member country the owner of the project and also will hold them accountable to implement it successfully.
This decision was taken at the 22nd Steering Committee meeting which was held in Ashgabat. The construction for the Turkmenistan segment of the pipeline will start in December 2015.
About TAPI Project
- Full Form: Turkmenistan–Afghanistan–Pakistan–India Pipeline.
- It is a proposed natural gas pipeline being developed by the Asian Development Bank.
- The pipeline will transport Caspian Sea natural gas from Turkmenistan through Afghanistan into Pakistan and then to India.
- Length of TAPI:1,735 km (1,078 mi)
- the pipeline should become operational in 2020.
Nuts and Bolts of Turkmenistan
- It is a country in Central Asia,
- Capital:Ashgabat
- Official Language: Turkmen
- President: Gurbanguly Berdimuhamedow
- Currency: Turkmen new manat(TMT).
