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  • China to build two RLNG terminals at Gwadar
    08-Nov-2016

    ISLAMABAD: In a major development, Pakistan has managed to get the two RLNG terminals deal at Gwadar done with China. With the change of the mode from built, own, operate and transfer (Boot) to engineering procurement construction-financing (EPC-F), the country will be exposed to a mammoth saving of one billion dollars in 25 years just in the head of tolling fee.   The RLNG terminals w ...
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  • TAPI gas pipeline consortium plans roadshows in November
    15-Oct-2016

    ISLAMABAD: A long-delayed pipeline project from Turkmenistan to Pakistan and India via Afghanistan is in the final stages of financing, and investor roadshows are due to be held next month, a Pakistani official involved in the project said on Friday.   Originating at the giant Galkynysh gas field in Turkmenistan, the $10 billion TAPI (Turkmenistan, Afghanistan, Pakistan and India) pipe ...
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  • TAPI gas pipeline consortium plans investor roadshows in November
    14-Oct-2016

    A long-delayed pipeline project from Turkmenistan to Pakistan and India via Afghanistan is in the final stages of financing, and investor roadshows are due to be held next month, a Pakistani official said on Friday.   Head of Pakistan's state-owned Inter State Gas Systems (ISGS) Mobin Saulat told Reuters there was “significant progress” with the TAPI project and that in ...
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  • Management consultants for TAPI being shortlisted today
    27-Aug-2016

    Islamabad - The partner countries of Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project are meeting today (Saturday) in United Arab Emirates (UAE), which is also the main office of project, to shortlist the companies for the project management consultants, it was learnt reliably here.   The Interstate Gas System (ISGS) has received offer for the execution of Afghanistan po ...
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  • Pakistani gas company set to emerge as key player on world energy map
    14-Aug-2016

    ISLAMABAD: Inter State Gas Systems (ISGS), a company established by the government to work on gas import projects, is striving to secure energy resources to make Pakistan self-sufficient and it is expected to emerge as a key player on the world’s energy map after regional pipeline projects are executed. Pakistan is eyeing gas imports from countries holding vast deposits and has en ...
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Management consultants for TAPI being shortlisted today
Islamabad - The partner countries of Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project are meeting today (Saturday) in United Arab Emirates (UAE), which is also the main office of project, to shortlist the companies for the project management consultants, it was learnt reliably here.
 
The Interstate Gas System (ISGS) has received offer for the execution of Afghanistan portion of Turkmenistan-Afghanistan-Pakistan-India (TAPI) project, the source claimed.
“Pakistan has become a brain of the TAPI project and was offered the execution of both Pakistan and Afghanistan portions of the project,” the source added.
 
“We have the capabilities to implement such projects but our first priority will be to work on the Pakistan portion of the project which is more technical as compared to the Afghan side,” the source said, adding that the Afghan side is easy project as it involves only the laying of pipeline.
Regarding Pakistan, the source said that the main work will be here as compressor will be installed in this portion.
Work on the removal of landmines from the pipeline sites, in Afghanistan, have already been going on and as soon it will be completed work on that portion will also be started.
 
The contract for Afghanistan and Pakistan regions will also be awarded by TAPI company but ISGS has been offered to perform key role, the source explained.
It is pertinent to mention that TAPI company, set up by the partner states, will run and maintain the pipeline whereas Afghanistan, India and Pakistan will pay a tolling fee.
 
TAPI member states have already signed an initial investment agreement.
A company, for TAPI, was registered in 2014 in which Afghanistan, Pakistan and India have 5 per cent shareholding each and the remaining 85 per cent shares are held by Turkmenistan.
 
Being a major shareholder, Turkmenistan government is responsible to arrange big portion of the financing.
Besides, TAPI company is planning to hold road shows in different parts of the world to raise funds for the project.
 
TAPI will carry gas from Turkmenistan's Galkynysh field and will travel 773km in Afghanistan and 827km in Pakistan before ending at Fazilka in Indian Punjab.
The TAPI pipeline will have a capacity to carry 90 million standard cubic metres a day (mmscmd) gas.
The ground breaking for approximately 1,800 kilometre-long TAPI pipeline was performed in December last year in Turkmenistan.
 
The financial close for the project will be achieved by the end of this year while work will be started in 2017 and is likely to be completed by the end of 2019.
 
A consortium of Japanese companies is involved in the development of the gas field in Turkmenistan with an investment of $15 billion.
While a Chinese company has got a contract for laying the pipeline over 300 kilometers in Turkmenistan’s territory, the source said.
 
Pakistan and India will receive 1.325bcfd of gas each while Afghanistan will get 500 mmcfd.
 
Source: http://nation.com.pk/business/27-Aug-2016/management-consultants-for-tapi-being-shortlisted-today