Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project received an investment of USD200 million for studies and engineering

India:  The Shareholders of Turkmenistan-Afghanistan-Pakistan-India (TAPI) Tapi Project signed an agreement to invest USD 200 million in studies and engineering. The agreement signing ceremony was witnessed by petroleum ministers and senior government officials of four countries and Asian Development Bank officials in Ashgabat, Turkmenistan. The TAPI pipeline, once operational will have a transmission capacity to carry 90 mmscmd gas for 30 years. India and Pakistan can off take 38 mmscmd each while Afghanistan will have assured supply of remaining 14 mmscmd.

TechSci Research depicts that the upcoming Tapi Project will play an instrumental role in filling the gap between demand and supply of natural gas in India. Gas Allocation Policy have been implemented to encourage use of gas in different end-user segments. Tapi Pipeline will travel 1600 Km in Afghanistan and Pakistan and before ending it at Fazilka, Punjab in India.  In December 2015, construction work has been started in Turkmenistan and scheduled to be functional by 2018.

According to recently published TechSci Research report “India LNG Market Forecast and Opportunities, 2025”, Liquefied Natural Gas (LNG) is playing an instrumental role in filling the gap between demand and supply of natural gas in India. In the coming years, domestic natural gas production and upcoming pipeline natural gas including cross country pipeline, would be unable to address the growing natural gas demand in the country. Thus, LNG is expected to play a crucial role in bridging the gap between demand and supply of natural gas.