Turkmenistan to hold TAPI gas pipeline conference in Dubai
AKIPRESS.COM – Turkmenistan plans to hold an international conference “TAPI – The Gas Pipeline for Peace and Cooperation” on Feb. 24-25 in Dubai, the UAE, Trend reports.
Turkmen Deputy Prime Minister Myratgeldi Meredov said earlier at a government meeting that an international forum to attract foreign investment in the country’s oil and gas industry will be held along with the conference. Representatives of major global oil and gas companies, financial institutions, research institutes and international organizations are expected to attend the event.
Prospects for the development of the gas chemical industry in Turkmenistan, attraction of investments in projects for the development of offshore blocks of the Turkmen sector of the Caspian Sea will be considered on the sidelines of the event. A round table will be held with representatives of foreign companies.
President of Turkmenistan Gurbanguly Berdimuhamedov who attended the meeting emphasized that the construction of the transnational Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is part of Turkmenistan’s energy strategy, which aims to diversify export routes for energy supplies to the global market, including Southeast Asia.
The construction of the Turkmen section of the TAPI pipeline was launched in December 2015. The design capacity of the pipeline may reach 33 billion cubic meters of gas per year. The pipeline will pass through the Afghan cities of Herat and Kandahar (816 kilometers), through the cities of Quetta and Multan across Pakistani territory (819 kilometers), and reach the city of Fazilka in India.