Foreign Policy: TAPI pipeline: Bigger is not better
Last month saw a major step forward for the proposed TAPI natural gas pipeline. Regarded as a perennial pipe dream by many energy analysts, many critics of the Turkmenistan-Afghanistan-Pakistan-India project were silenced by the signing of a gas sales and purchase agreement between Turkmengaz, Inter State Gas Systems of Pakistan and the Gas Authority of India (GAIL). With the backing of the Asian Development Bank (ADB), the deal set important specifics, including payment and transit terms. But the ambitious project still faces daunting hurdles before it can become reality. MORE