• publish: 16 December 2019
  • time: 6:15 pm
  • category: Politics
  • No: 11626

Turkmenistan to provide insurance for Afghan section of TAPI gas pipeline

A Pakistani newspaper reported on Monday that in case of any subversive activity in Afghanistan affecting TAPI gas pipeline, Turkmenistan would pay the damage through insurance cover.

Earlier, Pakistan refused to pay any kind of compensation if the gas transit loss occurs in Afghanistan because of militancy.

The News, citing a Pakistani official, said that a delegation from Turkmenistan would visit Pakistan by mid-January next year to explain mechanism to cope with gas risk in Afghanistan.

In 2018, Regional leaders inaugurated the Afghan section of the $10 billion gas pipeline that will link Turkmenistan through Afghanistan to Pakistan and India. However, construction work has yet to begin.

Abdul Qadir Mutfi, a spokesman for Afghan Ministry of Mines and Petroleum, said that an agreement would soon be signed with Turkmenistan, following which construction work would begin.

He said that security measures were in place for implementing the project.

The project is expected to transport 33 billion cubic meters (bcm) of natural gas a year along an 1,800 kilometer (1,125 miles) route from Galkynysh, the world’s second-biggest gas field, to Fazilka near the border with Pakistan in northern India.

In the first ten years, Afghanistan will get 500 millioncubic meters of gas from the project annually.

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