Turkmenistan to Call Meeting on TAPI

Turkmenistan is contemplating holding another meeting to discuss TAPI gas pipeline project’s implementation, Trend news agency reported last week citing Turkmen government.

The agenda of the meeting is expected to be issues related to organizational, legal and technical questions for creation of a specialized company, the report said.

 “All participating countries have agreed on the creation of such company,” the government statement said.

Turkmenistan government has signed an agreement for the sale of natural gas with India's GAIL Ltd and Pakistan's State Gas Systems. A memorandum of understanding was signed with Afghanistan.

Negotiations on creation of consortium and financial packages are being held. The Turkmen side conducted several international road shows for TAPI in autumn 2012 with the participation of the Asian Development Bank (ADB).