Turkmenistan signs first contracts with India - Pakistan on Joint Oil Pipeline

Turkmenistan on Wednesday signed agreements with India and Pakistan to deliver gas through a new pipeline that will transit Afghanistan, the first contracts in the ambitious project.

The 1,700-kilometre (1,050-mile) TAPI pipeline aims to transport more than 30 billion cubic metres of gas annually from Turkmenistan to Pakistan and India as well as relieving shortages in Afghanistan.

The sale-purchase agreements for the yet-to-be-built pipeline were signed at a ceremony on the sidelines of the annual Turkmenistan oil and gas congress in its Caspian Sea resort of Avaza, just outside the city of Turkmenbashi.

Read more: Express Tribune

Posted in: Afghanistan, Business, India, Joint Venture, News, Oil Pipeline, Pakistan, TAPI, Turkmenistan