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Turkmenistan–Afghanistan–Pakistan–India (TAPI) Pipeline

Tags : Turkmenistan–Afghanistan–Pakistan–India (TAPI) Pipeline

1730175154Screenshot 2024-10-29 094022.jpg

Topic: Gas Transportation 

Why in the news?

  • Afghanistan is set to begin work on the TAPI pipeline. 
  • The $10-billion natural gas pipeline traversing Turkmenistan, Afghanistan, Pakistan, and India is the most significant development project for Taliban authorities since they seized power in 2021.

Source: The Hindu 

About Turkmenistan–Afghanistan–Pakistan–India (TAPI) Pipeline:

  • It is a 1,814-kilometre pipeline that aims to transport 33 billion cubic metres of gas from Turkmenistan to Afghanistan, Pakistan and finally, India.
  • It is also called the ‘Peace Pipeline’.
  • Route:
    • It will start from the Galkynysh gas field in Turkmenistan.
    • It will then pass through Afghanistan and Pakistan to finally reach the Indian town of Fazilka (near the Indo-Pak border).
  • At full capacity, the pipeline will transport 33 billion cubic meters (bcm) of natural gas annually from TKM to respective buyers in AFG (5%), PAK (47.5%) and IND (47.5%) during the 30-year commercial operations period.
  • The Project comprises the procurement, installation and operation of the pipeline and related facilities within Afghanistan and Pakistan.
  • Financing:
    • The TAPI project is being funded by the Asian Development Bank (ADB), which is also acting as transaction adviser for the development. 
    • Turkmenistan took a loan of $700m from the Islamic Development Bank for financing the project in December 2016.
    • The remaining three countries made an initial investment of $200m in the TAPI project.

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