A natural gas pipeline from Turkmenistan has the political backing needed to progress, though regional instability could pose problems, an analyst said. The government of Turkmenistan signed agreements last week to sell natural gas to its Asian partners through a 1,043-mile pipeline through Afghanistan, Pakistan and India. Saqib Sherani, a former adviser to the Pakistani Finance Ministry, told Radio Free Europe/Radio Liberty that Pakistani officials remain skeptical about the prospects for the pipeline. \"I think it is going to be a big challenge because no consortium is really going to start work or put their money where their mouth is until the Afghan situation settles down,\" he said. Islamabad, he added, is leaning toward an alternative project proposed by Iran. That pipeline would be \"much more feasible,\" he said, especially if India came on board. TAPI, supported by the United States and backed by the Asian Development Bank, is seen as a rival to a pipeline planned by Iran. Tehran said much of the pipeline is built through its territory and it was ready to help Pakistan build its part of the project.
GMT 22:17 2018 Monday ,22 January
Opec output cuts near victoryGMT 22:57 2018 Saturday ,20 January
the literary canary in India's coalmineGMT 07:11 2018 Friday ,19 January
Oil market heads towards 'smooth rebalancing': OPECGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 15:44 2018 Saturday ,13 January
Bahrain to host MERTC 2018GMT 18:24 2018 Friday ,12 January
No need to panic over $70 oil price: UAE Energy MinisterGMT 13:21 2018 Friday ,12 January
Kuwaiti oil price up 93 cents to stand at US$66.09 per barrelMaintained 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