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    TAPI Gas Pipeline Likely to be Complete by 2017 end

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Summary

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.

by: Shardul

Posted in:

Asia/Oceania

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 network, Moily told reporters after bilateral meetings in New Delhi on Tuesday with Mukhammetnur Khalylov, Turkmenistan’s Minister for Oil and Gas.

He said Turkmenistan is expected to shortlist the consortium leader by early next year, adds Business Line.

The pipeline is slated to have a capacity to transport 90 mscmd of gas — 38 mscmd each for India and Pakistan and the remaining 14 mscmd for Afghanistan.

The pipeline to transport the gas from the Indian border to other parts of the country has already been constructed till Jalandhar, the newspaper reports.

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