TAPI pipeline project in its final stage
10 July, 2014
ISLAMABAD: The contract of Turkmenistan, Afghanistan, Pakistan and India (TAPI) pipeline project has reached the final stage, in connection to which, Petroleum & Natural Resources Federal Minister Shahid Khaqqan Abbasi has flown to Turkmenistan. Sources at Petroleum Ministry disclosed that Shahid Khaqqan Abbasi has gone to Turkmenistan to materialise the deal. They said that Turkmenistan, Afghanistan, Pakistan and India would push ahead with a planned transnational gas pipeline connecting the four countries and reach a settlement on the award of the multi-billion-dollar project. At present, US companies Chevron and ExxonMobil are at the top in the race to get the contract, while the winning firm would operate the pipeline besides its financing, and laying, they added. A senior official at Petroleum Ministry told this scribe that Shahid Khaqan Abbasi is leading a delegation at the meeting of the TAPI pipeline steering committee in Ashgabat. End.
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