To celebrate the signing of the historical TAPI Agreement between Turkmenistan, Afghanistan, Pakistan and India (21/02/2018), H.E. Shukria Barakzai, the Embassy’s diplomats and the local staff gathered themselves around a special cake harboring the colors of all the countries involved in the project.
What is the TAPI project?
TAPI is one of the biggest projects in the region which transits gas from Turkmenistan to Afghanistan, Pakistan and India. According to the initial agreement, Afghanistan will get about 500 million U.S. dollars as royalty every year, and it is believed that more than 10,000 Afghans will have job opportunities to work in the construction of the project as well as providing security for it.
Turkmenistan, Afghanistan, Pakistan and India have formally agreed to build a 1,680 km pipeline to supply some 30 billion cubic meters per year of Turkmen natural gas to India.
The agreement obliges Turkmenistan to sell 30 billion cubic meters of gas to India through Afghanistan and Pakistan.
Kandahar and Herat provinces will be the host provinces of the TAPI pipeline gas project as it will cover 735 kilometers of Afghanistan – almost 44 percent of the pipeline. The country will earn a total of $400 million per year by way of a “transit” fee.
The total estimated cost of the project is predicted to be $8 billion with the Asian Development Bank supporting most of the project, although it is understood it is seeking the participation of a major international company.