Pakistan News Service

Sunday Sep 23, 2018, Muharram 12, 1440 Hijri
Logo
LATEST :
Pakistan News Home -> Tribune Corner -> News Details

China expressed interest in joining TAPI

09 August, 2018

File photo
  Related News  
PTI wants to build relationship with USA on mutual respect
SC to bring 600 billion PKR back to country
  More on this View All

ISLAMABAD: China has expressed interest in joining TAPI natural gas pipeline project once it has been completed by observing the possibilities of building a link from Pakistan’s territory to China.

The TAPI project, which would be able to carry 33 billion cubic meters of natural gas, currently involves four countries: Turkmenistan, Afghanistan, Pakistan, and India. Chief Executive Officer of Pakistan-owned Inter State Gas Systems (ISGS) Mobin Saulat stated that the Chinese have shown interest because TAPI could act as an alternative for a OBOR sub-project.

A pipeline between China and Turkmenistan would be far costlier, according to Saulat, than building it through Pakistani territory.

The financial close of this phase of TAPI is expected at the end of the next month. Once the pipeline begins generating revenue, financing is expected to increase significantly.

 What do you think about the story ? Leave your comments!

Heading (Optional)
Your Comments: *

Your Name:*
E-mail (Optional):
City (Optional):
Country (Optional):
 
 
Field marked(*) are mandatory.
Note. The PakTribune will publish as many comments as possible but cannot guarantee publication of all. PakTribune keeps its rights reserved to edit the comments for reasons of clarity, brevity and morality. The external links like http:// https:// etc... are not allowed for the time being to be posted inside comments to discourage spammers.

  Speak Out View All
Military Courts
Imran - Qadri long march
 
Candid Corner
Exclusive by
Lt. Col. Riaz Jafri (Retd)
Pakistan itself a victim of state-sponsored terrorism: Qamar Bajwa
Should You Try Napping During the Workday?
Suggested Sites