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Monday, September 20, 2010

GPFA of TAPI approved

AZHAR ALI KHAN

The multi-billion dollar Gas Pipeline Framework Agreement (GPFA) of Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project has been finalised.
The ministers of four countries who met in Ashgabat, Turkmenistan today (Monday), approved the proposed formula for the GPFA of TAPI. The agreement would be signed by December, this year.
TAPI gas pipeline project is being planned to bring natural gas from Turkmenistan through Afghanistan to Pakistan and India.
The ADB sponsored pre-feasibility study, conducted in 2004, indicated that the 1680 km pipeline project was economically and financially viable and estimated cost was US$ 3.3 billion (revised to US$ 7.6 billion in 2008).
The pipeline would be designed to carry 3.2 BCFD gas from Turkmenistan, delivering 0.5 BCFD to Afghanistan and 1.35 BCFD each to Pakistan and India. Pakistan would be able to produce 6000 MW electricity using 1.35 BCFD gas.

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