Tuesday, September 21, 2010

TAPI pipeline: India signs important pacts

  • India on Monday signed two important agreements for the ambitious Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project.
  • The project, assisted by Asian Development Bank, envisages the building of 1,680 km of pipeline with a total gas capacity of 90 million cubic metres per day (mmscmd).
  • With the completion of the TAPI gas pipeline, India would get 38 mmscmd of gas
  • India, which joined this project in April 2008, signed two important documents — one initialising the gas pipeline framework agreement (GPFA), the other being the Heads of Agreement for the proposed gas sales purchase agreement (GSPA) — along with three other partner countries.

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