TAPI project to boost socio-economic development in region: PM

1519381729.jpg

—File Photo


Prime Minister Shahid Khaqan Abbasi has expressed the confidence that TAPI gas pipeline project would provide shared prosperity, unite people, and provide socio-economic development and peace dividends in the region.

He was speaking at the ground breaking ceremony of the TAPI Gas Pipeline Project in Turkmenistan on Friday morning.

The Prime Minister said TAPI is critical for Pakistan’s energy needs. It will provide ten percent of the country’s total energy consumption today.

He said Pakistan has been able to overcome its challenges and is on the path of economic progress. It will achieve six percent growth this year and CPEC would provide most efficient connectivity to the region.

He said Gwadar Port will provide most efficient sea linkage for whole of Central Asia. He said connectivity under Belt and Road initiative will ensure great economic prosperity of the region.

The Prime Minister said Pakistan has added ten thousand megawatts of power in the last four year.  By the end of 2019, Pakistan would be adding 2500 kilometres of six lane motorways to provide connectivity in the region.

He said Pakistan is economic destination second to none.  It is a huge market for investors and provides peace, security and stability.

He described ground-breaking of TAPI project as a historic occasion, which recreates historical linkages that the region had.

BACKGROUND

The Turkmenistan–Afghanistan–Pakistan–India (TAPI) gas pipeline project aims to bring natural gas from the Gylkynish and adjacent gas fields in Turkmenistan to Afghanistan, Pakistan and India. The ADB is acting as the facilitator and coordinator for the project. The feasibility study, proposed to lay a 56-inch diameter 1,680 KM pipeline with design capacity of 3.2 billion cubic feet of natural gas per annum (Bcfd) from Turkmenistan through Afghanistan and Pakistan up to Pak-India border.

PROJECT HIGHLIGHTS

Gas Volume: 3.2 billion cubic feet of natural gas per day (Bcfd)

Gas Supplier: Turkmenistan

Gas Buyers: Afghanistan (500 MMcfd), Pakistan (1,325 MMcfd) and India 1,325 MMcfd)

Supply Source: Gylkynish and adjacent gas fields

Pipeline Dia: 56-Inch

Proposed Route: Supply Source: Heart – Kandahar – Chamman – Zhob – DG Khan – Multan – Fazilika (Pak-India Border) with total Length of 1,680 KM

First Gas Flow: 2020

loading...
loading...