Afghanistan will annually receive 1 billion U.S. dollars for the transit of natural gas through TAPI

The gas pipeline Turkmenistan-Afghanistan-Pakistan-India (TAPI) will bring to the budget of Afghanistan one billion dollars per year. This was announced at the 7th conference of regional economic cooperation on Afghanistan (RECCAVII), held last week in Ashgabat.

According to the information portal Аshgabad.net speaking at the forum, Deputy Prime Minister and foreign Minister of Turkmenistan Rashid Meredov stressed that, according to preliminary estimates, the TAPI, in addition to the establishment of direct gas supplies to Afghanistan, will also provide an annual income amounting to one billion US dollars as transit fees.

Also, according to the head of the Turkmen foreign Ministry, the pipeline will allow the Afghans to create 12 thousand new jobs.

Meredov stressed that at present, Turkmenistan is stepping up the construction of the Turkmen segment of the TAPI and works closely with the Afghan side to complete all technical questions regarding the passage of the pipeline through Afghanistan.

Experts believe that implementation of the TAPI project will enable Turkmenistan to diversify gas exports, to stabilize the situation in Afghanistan and Pakistan and India to cover the growing need for fuel resources.

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2014