India to participate in building pipeline to receive Turkmen gas

Oct 11, 2007 02:00 AM

India intends to participate in implementing the project of the construction of a pipeline which is to enable it to receive natural gas from Turkmenistan. According to the information from governmental sources, an Indian delegation will join a regular round of talks that Turkmenistan, Pakistan and Afghanistan planned to hold in Islamabad on November 28-29.
The forthcoming meeting is expected to be decisive in coordinating a large-scale four-party deal and to end in the signing of a protocol of intent and a frame agreement on terms of the construction of the gas main. Then the partners will begin to consider the project’s feasibility study and define its general structure, the share of financing and other investments.

The laying of the gas pipeline Turkmenistan-Afghanistan-Pakistan-India (TAPI) is supported by the Asian Bank of Development. The bank also actively contributes to India’s joining the project as one of interested participants.
Observers stress that in comparison with the gas pipeline Iran-Pakistan-India (IPI), the conclusion of which began skidding at the concluding stage, TAPI seems to be economically more attractive and advantageous for India today.

It is also no less important that TAPI doesn’t have a geopolitical burden that follows IPI from the very beginning in connection with non-stop attempts of pressure on the part of Washington striving by all means to prevent the strengthening of relations between New Delhi and Teheran.
According to the preliminary information, India will be able to daily receive 40 mm cm of gas through the pipeline TAPI during the first four years and 31 mm cm of gas during the next 26 years. In accordance with IPI terms, the amount of supplied gas will be less -- 30 mm cm of gas a day. Besides, Indian consumers are more satisfied with the quality of Central Asian gas than with that of Iranian one.

Source: Itar-Tass
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