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India
signs deal for Turkmen gas through Afghanistan, Pakistan
Monday, September 20, 2010 10:11:21 PM,
IANS
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New Delhi:
India, along with Pakistan, Afghanistan and Turkmenistan, Monday
signed the gas sales purchase agreement (GSPA) for the
trans-national pipeline project, which will transport gas from
Turkmenistan to all these countries.
Minister of State for Petroleum and Natural Gas Jitin Prasada
represented India at the meeting of the steering committee for the
Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline held
at Turkmenistan's capital Ashgabat, a release issued by the
petroleum and natural gas ministry here said.
Two documents were signed Monday by the four countries at the
meeting. These included the heads of agreements for the proposed
Gas Sales Purchase Agreement (GSPA) and initialization of the Gas
Pipeline Framework Agreement (GPFA).
"The cabinet has already given in-principle approval to the GPFA.
However the final signing would be done only after the Cabinet
approves this document," the press release said.
The meeting was also attended by Turkmenistan Deputy Prime
Minister Baymyrat Hojamuhammedov, Turkmenistan Oil and Gas
Minister B. Nedirov, Afghan Mining Industry Minister Wahidullah
Shahrani and Pakistan's Petroleum and Natural Resources Minister
Naveed Qamar.
Under the TAPI project, a 1,680-km pipeline will be laid down with
a capacity of 90 million metric standard cubic metre per day (mmscmd).
India would get a share of 38 mmscmd.
As per the release, Prasada said the project could be successful
only if the transit fees for the gas through various countries is
kept "at minimum". He added that the pricing and the GSPA issues
had to be resolved to the full satisfaction of all partner
countries.
Further, the security issues had to be "properly addressed", so
that there was complete clarity on institutional mechanisms to
address this subject, added Prasada.
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