Uniform price for gas for all three importing countries

Uniform price for gas for all three importing countries including India will be the centre of discussions in the Steering Committee Meeting on TAPI Gas pipeline project today. Oil Ministers of Turkmenistan, Afghanistan, Pakistan and India are meeting in New Delhi to discuss the gas sales and other details of the 7.6 billion dollar TAPI Gas pipeline project.

The technical feasibility of the project has already been given. The agenda for the steering committee was prepared after officials of the four countries held extensive discussions.  It is expected that there will be substantial progress on gas prices front in today's meeting being held for the first time in India.  But prices mechanism may be finalized in the next meeting only. The discussions will also focus on the proposal to appoint a technical advisor for assisting in forming a consortium for laying and operating the pipeline and raising the funds for the line. The progress in the talks about the pipe line augurs well for meeting the growing energy demand in the country.   

Courtesy : AIR