A map showing the proposed Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline.—File Photo

NEW DELHI: Turkmenistan, holder of the world’s fourth-largest natural gas reserves, expects to start constructing a pipeline to export gas to South Asian nations in 2017, a senior government official said on Sunday.

“Turkmenistan can construct its pipeline in its own territory in three years, but for other countries, it depends on their participation,” Kakageldy Abdullaev, Acting Minister of the Oil and Gas Industry, told reporters on the sidelines of the Petrotech energy conference.

Ex-Soviet Turkmenistan agreed in May to supply natural gas to Pakistan and India via Afghanistan by signing gas sales and purchase agreements with Pakistan’s Inter State Gas Systems and Indian state-run utility GAIL.

It recently held roadshows for investors willing to take part in the US-backed, 1,735-km TAPI pipeline.

“The companies that we have met, they have no objection to financing,” Abdullaev said, but declined to say how many investors had made commitments.

He said on Monday that Bangladesh had asked to join the TAPI project.

“There was a request from Bangladesh to join the project. We require an official note which will be considered by all the four governments of the project,” Abdullaev said.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Banning groups
Updated 09 Mar, 2025

Banning groups

The state’s approach of banning groups, and then letting them operate with new monikers, must be revisited.
Targeting students
09 Mar, 2025

Targeting students

THE Trump administration’s mission to ‘Make America Great Again’ is well underway, and, in true Trumpian ...
Torkham dispute
09 Mar, 2025

Torkham dispute

THE Torkham crossing between Pakistan and Afghanistan has remained closed for two weeks, after a dispute over border...
Miles to go
Updated 08 Mar, 2025

Miles to go

The realisation that a large part of Pakistan’s misfortunes is a consequence of women’s oppression is lost on the rulers.
Egyptian plan
08 Mar, 2025

Egyptian plan

AS the Gaza ceasefire faces an uncertain future, the Arab world has endorsed a new proposal for the occupied...
PIA taking off?
08 Mar, 2025

PIA taking off?

IN the second round, the government says it is going to make prospective buyers of PIA an offer they can’t refuse....