Turkmenistan Advances TAPI Energy Project with Strong Commitment to International Law

08:34 25.04.2024 4278

https://www.oilgas.gov.tm/storage/posts/10626/original-1662a1578836b1.jpg

Turkmenistan is making significant progress on the TAPI natural gas pipeline, which aims to supply 33 billion cubic meters annually to South Asia. Speaking at the Turkmen Energy Investment Forum (TEIF 2024) currently being held in Paris, Muhammetmyrat Amanov of TAPI Pipeline Company Limited highlighted that the Turkmenistan section of the pipeline is complete and the ongoing discussions to advance the project beyond Turkmenistan are in strict alignment with international standards.

The project emphasizes environmental sustainability by leveraging natural gas to reduce emissions significantly compared to coal and oil, thereby tackling indoor pollution and enhancing regional air quality.

Importantly, Turkmenistan is implementing the project in strict adherence to international law. Mr. Amanov emphasized, “In light of the ongoing Project developments, Turkmenistan remains committed to upholding international law, fulfilling its obligations, and adhering to international norms and regulations.” This approach reaffirms Turkmenistan’s dedication to global cooperation and legal integrity in executing the TAPI project.

Looking ahead, the project’s focus is shifting to the Herat Offtake Strategy in Afghanistan, which will play a critical role in environmental protection by reducing air pollution, while also contributing to maintaining public safety and further promoting the project. Additionally, it will provide early revenue streams and increase confidence amongst lenders.

Upon completion, TAPI will significantly impact the energy landscape in South Asia, supporting energy security and promoting regional development, all while maintaining the highest standards of international legal practice.

Other articles
161c96b7e8e581.jpeg
«Nebitgazchykarysh»: 503 wells repaired in 11 months

The repairmen of the «Nebitgazchykarysh» enterprise of the State Concern «Turkmennebit» of the Balkan region have achieved great results since the beginning of 2021. The enterprise overhauled and commissioned 503 wells in January-November.


1663f0ac321996.jpg
At the government meeting, measures to strengthen the material-technical base and export potential of the fuel and energy sector were discussed.

President of Turkmenistan Serdar Berdimuhamedov held another meeting of the Cabinet of Ministers via digital system on May 10, where a number of national life issues were addressed.


16641a8a8e0105.jpg
The President of Turkmenistan approved the State Program for Comprehensive Development of Biotechnology until 2028

President Serdar Berdimuhamedov signed a decree approving the State Program for the Comprehensive Development of Biotechnology in Turkmenistan until 2028. The corresponding document was published in the central media of our country.


167c2cca3e5035.jpg
The President approved proposals for the rational use of oil refinery capacities

On February 28, President of Turkmenistan Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via a digital system, the agenda of which included a number of issues of state life, TDH reports.


161c96b2237a43.jpeg
The amount of foreign exchange transactions on the exchange of Turkmenistan exceeded $90 million

68 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.