The spokesperson for the Ministry of Mines and Petroleum, Homayoun Afghan, has made an announcement. He stated that nearly three kilometers of the TAPI pipeline in Afghanistan have been completed.
Speaking to TOLOnews, he stated that workers have prepared an additional 3.5 kilometers of the Afghanistan TAPI pipeline route for installation.
Homayoun Afghan said: “Currently, the TAPI project is progressing as planned. To date, workers have constructed and welded 2.9 kilometers of the pipeline and prepared approximately 3.4 kilometers of the route. Property acquisition efforts are also underway.”
Meanwhile, the Diplomat magazine reported on the ongoing work by the Afghan Ministry of Mines and Petroleum. The ministry is, in fact, focusing on two major projects: TAPI and Mes Aynak. However, despite this effort, the likelihood of their success remains uncertain.
According to the report, Afghanistan and Turkmenistan are cooperating on implementing the TAPI project. However, India has expressed doubts about its feasibility. Without India’s participation, Pakistan’s commitment to the project may also falter.
The ministry’s spokesperson said: “Eighty-five percent of the project’s costs will be financed by Turkmenistan, with the remaining five percent each being covered by Afghanistan, Pakistan, and India. Turkmenistan has pledged to pay Afghanistan’s share.”
Also See: Afghanistan, Turkmenistan Agree to Accelerate TAPI Project
Potential Benefits of TAPI for Afghanistan
Economic expert Mohammad Asif Stanekzai said: “International projects like TAPI can provide Afghanistan with global economic legitimacy and encourage foreign investments by demonstrating the successful implementation of major initiatives.”
The TAPI project will transport Turkmenistan’s gas through Afghanistan to Pakistan and onward to India at an estimated cost of $10 billion. Afghanistan will earn $400 million annually in transit fees and benefit from a share of the gas supply.
This news is sourced from [Tolo News] and is for informational purposes only.