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    AFP: Turkmenistan seeks investors for gas pipeline

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Summary

Turkmenistan will to recruit international investors for the Turkmenistan-Afghanistan-Pakistan-India gas pipeline project to link Central and South Asia.

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Press Notes

AFP: Turkmenistan seeks investors for gas pipeline

Turkmenistan said Saturday that it would try to recruit international investors for a new gas pipeline project that would link Central and South Asia.The energy-rich state plans to pitch the project to international oil and gas majors and financial institutions in the autumn, the Neitralny Turkmenistan newspaper reported.

The plan for a TAPI (Turkmenistan-Afghanistan-Pakistan-India) natural gas pipeline, which is backed by the Asian Development Bank, is regarded with suspicion by some analysts.  MORE