TAPI gas pipeline project may be on the agenda of SCO meetings in India, – Financial Express
16:49 25.01.2023 10727
India, which is chairing the Shanghai Cooperation Organization (SCO) in 2023, invited the foreign ministers of the member countries of the Organization to a meeting scheduled for May 4-5 in Goa.
Having assumed the chairmanship of the group in September last year, India plans to host several key ministerial-level meetings and the SCO summit in 2023.
In the run-up to the summit, India will also host meetings of defense ministers from nine SCO member states, as well as ministers of national security, the interior and the environment. Ministerial meetings are expected to start from March.
According to Financial Express sources, the agenda for the upcoming meetings is still being finalized. However, as a rule, at such meetings the issues of combating terrorism, the fight against drugs, energy and food security, and the humanitarian crisis in Afghanistan are necessarily discussed.
According to the publication, the projects of the International North-South Transit Corridor (INSTC) and the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline will also be on the agenda of the upcoming SCO meetings.
The SCO, which has been in existence for two decades, includes Russia, China, India, Pakistan and four countries of Central Asia – Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan. At the last summit in Samarkand in September 2022, Iran became a new member of the SCO. At the same time, the head of Turkmenistan participated as an honored guest of the summit.
The SCO grouping covers more than 60% of the area of the Eurasian continent, 40% of the world's population and 30% of world GDP. More and more countries, including those from the Arab world, are showing their desire to become a member of the Organization. The Indian presidency will give impetus to the trade corridor through the Chabahar port and projects such as the North-South transit corridor and the TAPI gas pipeline.
The President of Turkmenistan and the President of the European Commission expressed confidence in the successful holding of the Central Asia-EU Summit
The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Commission Ursula von der Leyen on April 3.
The price of Brent rose above $100 per barrel again
Oil prices are rising moderately on Friday morning after falling the day before, foreign media reported.
The President of Turkmenistan discussed the prospects for regional cooperation with the President of the European Council
The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Council António Costa on April 3, TDH reports.
Gas price in Europe exceeded $3,300 per 1,000 cubic meters
The spot price of gas in Europe on Thursday evening continued its active growth. A jump in prices at the end of the European trading session is usually the result of the influence of the growth of quotations in the Asian market, Interfax reports.
It is planned to increase hydrocarbon production in Balkan region
In the Balkan region, a key region in the oil and gas sector of Turkmenistan, it is planned to increase natural gas production to 11 billion cubic meters per year by 2025. The head of the Department for Analysis of Economic Risks of the Agency for Protection from Economic Risks under the Ministry of Finance and Economy of Turkmenistan, Hangeldi Gurbangeldiev, said this in a commentary for the official Turkmen press.