PM Abbasi To Attend TAPI Inaugural Ceremony Today


Islamabad(February 22, 2018): Prime Minister Shahid Khaqan Abbasi will leave for two days visit to attend the inauguration ceremony of (TAPI) Gas pipeline in Turkmenistan Today.

According to foreign office the spokesperson, PM Abbasi will be accompanied by Minister of Power and Energy Jam Kamal Khan.

Turkmenistan, Afghanistan, Pakistan and India shares the (TAPI) Gas pipeline project.

The Turkmenistan – Afghanistan – Pakistan – India (TAPI) gas pipeline project aims to bring natural gas from the Gylkynish and adjacent gas fields in Turkmenistan to Afghanistan, Pakistan and India.

The ADB is acting as the facilitator and coordinator for the project. The feasibility study, 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.

Project Highlights

Gas Volume: 3.2 billion cubic feet of natural gas per day (Bcfd)

Gas Supplier: Turkmenistan

Gas Buyers: Afghanistan (500 MMcfd), Pakistan (1,325 MMcfd) and India 1,325 MMcfd)

Supply Source: Gylkynish and adjacent gas fields

Pipeline Dia: 56-Inch

Proposed Route: Supply Source: Heart – Kandahar – Chamman – Zhob – DG Khan – Multan – Fazilika (Pak-India Border) with total Length of 1,680 KM

First Gas Flow: 2020

Status Of Agreement

Intergovernmental Agreement (IGA): Signed by the Head of States of all the member countries on 11th December 2010.

Gas Pipeline framework Agreement (GPFA): Signed by respective petroleum ministers of four countries on 11th December, 2010.

Gas Sale and Purchase Agreement (GSPA): Turkmenistan-Pakistan and Turkmenistan-India bilateral GSPAs were signed by the heads of respective commercial entities on 23rd May 2012. Turkmenistan-Afghanistan signed the bilateral GSPA on 9th July 2013.

Transit Fee Arrangement: Parties agreed to a transit fee figure with consensus on 17th April 2012.
Transaction Advisory Services Agreement (TASA): TAPI Parties and ADB signed TASA on 19th November 2013 at Ashgabat-Turkmenistan.

Operations Agreement: Signed by all four TAPI countries on 9th July 2014.
Shareholders Agreement: After resolution of all issues, Shareholder Agreement has been Signed by the Parties on 13th December 2015.

Investment Agreement: signed on April 7th 2016.
Gas Transportation Agreement: Draft agreement is circulated by Transaction Advisor and is under negotiations between TAPI Parties.

Pipeline System Rules: Draft agreement is circulated by Transaction Advisor and is under negotiations between TAPI Parties.

Stone Laying: December 2015

Project Status:

TAPI Pipeline Company Limited (TPCL): TPCL has been incorporated in Isle of Man on 11th November 2014.

Completion of Technical Studies and Preparation of Information Memorandum: With the above mentioned agreements in place and some under negotiations, the Asian Development Bank (ADB) as Transaction Advisor has completed its work with different technical studies required for the preparation of Information Memorandum/Bidding Documents.

Selection of Consortium Leader: Initially Turkmen Party was negotiating with different IOC to be potential Consortium Leader. However, in the 22nd TAPI Steering Committee (SC) meeting held on 6th August 2015 in Ashgabat, breakthrough was achieved when Turkmenistan proposed itself as Consortium Leader and SC unanimously endorsed State Concern “Turkmengaz” as the Consortium Leader of TAPI Pipeline Company Limited.

Establishment of TPCL Project Office: The project office of TPCl has been established in Dubai and the company has been made operational. Turkmenistan being the Consortium Leader is heading the company.

Stone laying ceremony of the Project held in Turkmen city of Mary near the Galkynysh natural gas field on 13th December 2015 and was attended by President of Turkmenistan Gurbanguly Berdimuhamedov, Prime Minister of Pakistan Nawaz Sharif, President Afghanistan Ashraf Ghani Ahmadzai and Vice – President of India Mohammad Hamid Ansari.

Start of Pre-FID Activities: In pursuance of the TAPI Investment Agreement, TPCL appointed the Technical Consultant and started FEED work in Afghanistan & Pakistan.

Related News:

Turkmenistan Launches Tapi Gas field Development: Senate

Tapi Gas Pipeline Will Help To Meet Energy Needs: PM

Originally Posted on Abbtak TV


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