If Turkmenistan does not act before the EU lines up alternate sources of gas, the Trans-Caspian Pipeline project will become unviable, Allan Mustard, co-founder and co-head of the Trans-Caspian Resources energy startup, Former US Ambassador to Turkmenistan, told Trend.
Turkmenistan will provide loans to Afghanistan to fund TAPI, Waliullah Shahin, chairman of the Center for Strategic Studies of the Afghan Foreign Ministry said, Orient reports.
“We have agreed with Turkmenistan to provide loans to Afghanistan to repay the costs that Afghanistan demands, and Afghanistan will repay in the future with operating costs,” he said.
Shahin also said that 7 agreements with colleagues on the TAPI gas pipeline will be signed soon.
The Afghan and Turkmen officials on Saturday held a conference in Afghanistan’s western province of Herat to discuss the practical work on joint projects.
The participants included acting Minister of Mines and Petroleum of Afghanistan Mohammad Isa, Ambassador of Turkmenistan to Afghanistan Hoja Ovezov and other officials from the two countries, the TOLOnews television network reports.
Foreign Minister Shah Mahmoud Kureishi said on Thursday (August 26-th, 2021) that the implementation of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is beneficial for the entire region, and Afghanistan alone will receive $ 1 billion as transit fees and royalties.
Speaking to the media following a meeting with Turkmen President Gurbanguly Berdimuhamedov, the Foreign Minister said the project is expected to create 2,000 new jobs with enormous opportunities, the Pakistani “Daily Times” reported.
An international forum on attracting investments in the country's oil and gas sector will be organized in Turkmenistan, Trend reports with reference to the Business Turkmenistan information portal.
The forum will be held on May 12-13, 2021 in Ashgabat, and it will discuss global and regional trends in the development of the fuel and energy sector, the implementation of regional projects in this area, including the construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline.
Secretary General of the Shanghai Cooperation Organization (SCO) Vladimir Norov met with Turkmen Ambassador to China Parahat Durdyev in Beijing, “Trend.az” reports with reference to the SCO website.
The parties discussed the prospects for cooperation in the field of innovations, digitalization and electronic commerce. The meeting participants also noted the role of SCO in regional and international initiatives and the organization's economic, transport and logistics potential.
At the headquarters of the Turkmenistan Oil and Gas Complex, a reporting meeting was chaired by Vice Prime Minister for the Fuel and Energy Complex (FEC) Miratgeldi Meredova, “Trend.az” reports, citing information from the “Turkmengaz” state concern.
Deputy Prime Minister Meredova has set the tasks ahead of the oil and gas industry.
