Natural gas from a pipeline from Turkmenistan will be cheaper than rival plans from an Iranian gas field in the Persian Gulf, a Pakistani minister said. Pakistani Minister for Water and Power Naveed Qamar said a pipeline planned from Turkmenistan would go into service as early as 2016. "The price of gas obtained from this project will be cheaper than the Iran-Pakistan gas pipeline project," he was quoted by Pakistani newspaper the Daily Times as saying. He didn't provide a specific breakdown of costs. The Turkmenistan-Afghanistan-Pakistan-India natural gas pipeline, he said, was vital for a country coping with an ongoing natural gas shortage. Washington backs TAPI, which has the support of the Asia Development Bank, over a rival project planned from Iran. TAPI partners have expressed concerns about the various charges tied to the pipeline, however. Tehran maintains its part of a natural pipeline is completed, though Western sanctions make it difficult for Iran to find new energy customers. Islamabad last week said it could start receiving natural gas through the Iranian pipeline as early as 2014.
GMT 18:55 2018 Friday ,14 December
Libya’s National Oil against paying ‘ransom’ to reopen El Sharara fieldGMT 22:22 2018 Thursday ,13 December
Turkey starts building land part of Turkish Stream pipelineGMT 13:35 2018 Sunday ,09 December
OPEC+ deal to ensure stability of oil price, that is positive for RussiaGMT 14:30 2018 Friday ,07 December
Major oil producers haggle over production cutGMT 13:29 2018 Thursday ,06 December
Major oil exporters mull supply cut amid internal rifts, US demandsGMT 09:30 2018 Monday ,03 December
Qatar says it is withdrawing from OPEC on January 1GMT 21:00 2018 Sunday ,25 November
Oil prices plummet amid U.S. drilling rigs downGMT 17:28 2018 Friday ,16 November
OPEC Basket Price Stood, at over $65.2, on ThursdayMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor