The ambitious USD 7.6 billion TAPI pipeline project, which will provide India gas to run its power plants will soon be operational.
What the actual story is?
Afghan President Ashraf Ghani, Pakistani Prime Minister Nawaz Sharif and Indian Vice President Mohammad Hamid Ansari joined Gurbanguly Berdymukhamedov, Turkmenistan’s president in a groundbreaking ceremony of the 1800-kilometer-long TAPI gas pipeline. TAPI’s construction is led by Turkmenistan gas firm Turkmengas. This will be expected to be operational by December 2019 and will have the capacity to carry 90 million standard cubic meters a day for a 30-year period.
Experts are still worried that this project will face several risks, including the deteriorating security situation in Afghanistan and lack of clarity about its financing.