MAY 25 2012 (The Conway Bulletin) – The setting may have been relatively inauspicious but the ambition was clear to all.
At an oil and gas conference on the Turkmen Caspian Sea coast on May 23, Turkmenistan, Pakistan and India signed a gas supply deal that should mark the start of construction of a pipeline dubbed TAPI.
To deliver the gas to Pakistan and India, the plan is to build a 1,650km pipeline from Turkmenistan across war-ravaged Afghanistan — that’s the ‘A’ in TAPI.
Many commentators have said that it’s too ambitious and that it can’t be done, especially as security in Afghanistan may worsen further after NATO withdraws forces from 2014.
Still, the estimated $10b project may be too big to fail.
Pakistan and India are hungry for energy and, according to the plan, TAPI should become one of their biggest providers. At its peak TAPI should pump 33b cubic metres of gas a year, about three times the size of the EU’s proposed Nabucco pipeline from the Caspian Sea to Europe.
The project’s success is also vital to both Afghanistan and Turkmenistan. For Afghanistan, TAPI is a prestige project with a critical revenue stream. For Turkmenistan, it cements its position as one of the region’s most important energy suppliers.
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(News report from Issue No. 089, published on May 25 2012)