thenews.com.pk 19 Sep, 2020 04:45 am

Turkmenistan agrees to cut gas prices, address other concerns

Turkmenistan agrees to cut gas prices, address other concerns
ISLAMABAD: Turkmenistan has assured Pakistan to lower the gas price and address other concerns in a bid to kick off construction work on the Turkmenistan-Afghanistan-Pakistan and India gas pipeline...

Top Story September 19, 2020 ISLAMABAD: Turkmenistan has assured Pakistan to lower the gas price and address other concerns in a bid to kick off construction work on the Turkmenistan-Afghanistan-Pakistan and India (TAPI) gas pipeline project.The commencement of construction work in Afghanistan will immensely boost the confidence of international investors to invest in the project.Pakistan side expressed its readiness to finalise the matter in order to proceed to actual construction work in Pakistan in parallel with Afghanistan.A Turkmenistan delegation headed by Muhammetmyrat Amanov, Chief Executive Officer and Chairman of the Board of Directors of TPCL (TAPI Pipeline Company Limited) on TAPI, discussed the project on Friday Special Assistant to Prime Minister on Petroleum Nadeem Babar.

The progress on the project was reviewed, and both sides expressed their satisfaction over the progress made so far by TAPI Pipeline Company Limited despite the challenging coronavirus situation.Both sides also discussed Pakistan’s concerns pertaining to commercial and legal aspects.

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