Multi-billion dollar TAPI project inaugurated
By Zabihullah Moosakhail - Sun Dec 13 2015, 1:43 pm
The construction work of the muti-billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project has finally kicked off.
President Mohammad Ashraf Ghani, Turkmenistan President Gurbanguly Berdimohamedov, Indian Vice President Muhammad Hamid Ansari and Prime Minister of Pakistan Mohammad Nawaz Sharif attended the opening ceremony on Sunday.
The four leaders hailed TAPI key to the economic growth of the region.
President Ghani said TAPI will change the economic landscape of the region and that it reflects immense potential of the region to move forward.
The $10 billion gas pipeline project supported by the United States and the Asian Development Bank is designed to transport 33 billion cubic meters of gas annually for a period of three decades to Afghanistan, Pakistan and India.
The construction of the pipeline with a length of 1,735 kilometers (1,084 mile) is scheduled to complete by the end of December 2018 but in case of difficulties its tenure would be extended for another year.
The pipeline will run more than 700 km across Afghanistan on its way to Pakistan and India which would be filled with gas from Turkmenistan’s mammoth Galkynysh field, the world’s second-largest reservoir of natural gas.
The project will create job opportunities for tens of thousands of Afghanistan and will receive millions of dollars every year as the transit.