Sputnik: France, Russia Holding TAPI Gas Pipeline Talks

Negotiations on the company, which will head the Turkmenistan-based pipeline project through Afghanistan and Pakistan to India are underway with the French company Total and a member of the Rostec company RT Global resources, Pakistani Prime Minister Nawaz Sharif said Monday.

In June, Turkmenistan's ambassador to India, Parahat Durdyev, told Sputnik that the selection of the consortium to finance the pipeline would be finalized by September 1.

"Negotiations with France's Total and Russian RT Global Resources regarding the syndicate for the TAPI project are under way. The parties reached agreement on the schedule during the last meeting of TAPI's steering committee. It is expected that future agreement will help implement the project on time," Sharif told RIA Novosti in an interview. MORE