Quantcast
Channel: City Air News - Nation
Viewing all articles
Browse latest Browse all 11253

Transnational Gas Pipeline Projects

$
0
0
Author(s): 

New Delhi, March 16, 2015: The Minister of State (I/C) for Petroleum & Natural Gas Dharmendra Pradhan informed the Lok Sabha in a written reply today that the 1814 km long Turkmenistan- Afghanistan- Pakistan- India (TAPI) pipeline project is envisaged to supply 38 MMSCMD of natural gas to India. According to a preliminary feasibility study the cost of project is estimated to be around USD 7.6 billion.

In addition, Siddho Mal & Sons through a Project Development Vehicle, South Asia Gas Enterprise (SAGE), has proposed a Deep Sea Natural Gas Pipeline from Middle East (Oman) to India. The project is not under the consideration of Government at present.

No agreement has been signed with various countries including Bangladesh, Myanmar and Russia to construct oil and gas transnational pipeline projects for building up cooperation in oil/gas to augment India’s supply.

However, two government level agreements, namely the Gas Pipeline Framework Agreement (GPFA) and Inter Governmental Agreement (IGA) have been signed among the four TAPI member countries in December, 2010. In May, 2012, GAIL has signed a GSPA with Turkmengas for sourcing of 38 MMSCMD of gas from TAPI pipeline for a period of 30 years.

The 20th Steering Committee Meeting of TAPI was held at Islamabad on February 11, 2015. The Committee inter alia discussed timelines for identification and selection of Consortium Leader.

Date: 
Monday, March 16, 2015

Viewing all articles
Browse latest Browse all 11253

Trending Articles