Officials from Afghanistan, Turkmenistan, and Pakistan met in Kabul regarding the gas pipeline construction project. Jumma Mohammad Mohammadi, Afghanistan's Minister of Mines and Industries, told Reuters today that construction of the pipeline will begin in mid-2003. An official from the Asian Development Bank, which has funded the feasibility studies for the project, stated that financial security for the project must first be ensured. According to initial estimates, the cost of constructing the pipeline from Turkmenistan to Afghanistan and Pakistan will amount to 2.5 billion dollars. Pakistani officials say that if tensions between India and Pakistan decrease, India will also participate in this project. In the 1990s, Unocal, an American oil giant, and Bridas, an Argentine oil company, competed for leadership of the consortium that would implement the project, but it was shelved due to the civil war in Afghanistan and the international isolation of the Taliban.
Gas Pipeline Construction Project in Afghanistan and Pakistan - 2002-09-18
Officials from Afghanistan, Turkmenistan, and Pakistan have met to discuss a gas pipeline project set to begin construction in mid-2003. The project, estimated to cost $2.5 billion, could also involve India if regional tensions ease. This initiative is significant for energy security and regional cooperation.
👥 Key Players
📰 What Happened
Officials from Afghanistan, Turkmenistan, and Pakistan met to discuss the construction of a gas pipeline, set to begin in mid-2003, with a projected cost of $2.5 billion. The project may also involve India if regional tensions ease.
- Construction is scheduled to begin in mid-2003.
- The pipeline aims to transport gas from Turkmenistan through Afghanistan to Pakistan.
💡 Why It Matters
📚 Background
The pipeline project has historical roots dating back to the 1990s and was previously stalled due to Afghanistan's civil war and Taliban rule. It aims to connect Central Asian gas supplies to South Asian markets.
🏷️ Entities Mentioned
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