TAPI client body formed

摘要

The four state gas companies of Turkmenistan, Afghanistan, Pakistan, and India have established a company that will build, own and operate the planned 1,800 km Turkmenistan-Afghanistan-Pakistan-India (TAPI) natural gas pipeline. Turkmengas, Afghan Gas Enterprise, Inter State Gas Systems (Pakistan), and Gail (India) own equal shares in the company. The TAPI pipeline is expected to export up to 33 billion m~3 of natural gas a year from Turkmenistan to Afghanistan, Pakistan, and India over 30 years of operation. According to the Asian Development Bank (ADB), which is the transaction advisor to the project, Turkmenistan has the world's fourth-largest proven gas reserves.