Arab Today, arab today hurdle in tapi gas pipeline removed
Last Updated : GMT 21:41:32
Arab Today, arab today
Arab Today, arab today

Hurdle in TAPI gas pipeline removed

Arab Today, arab today

Arab Today, arab today Hurdle in TAPI gas pipeline removed

Islamabad - Arabstoday

Pakistan, India and Afghanistan have agreed on the rate of transit fee on supply of gas from Turkmenistan through a transnational pipeline, popularly known as Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline. This was the last major stumbling block before reaching a final agreement on the pipeline as Pakistan and India had already negotiated a gas price with Turkmenistan. Under the proposed arrangement, Pakistan will pay a transit fee of 50 cents per million cubic feet of gas per day (mmcfd) to Afghanistan and the same amount will be paid by India to Pakistan. A final agreement on the fee will be signed after Afghanistan, India and Pakistan get consent from their governments. During two days of talks that concluded here on Tuesday, Afghanistan demanded a transit fee of 54 cents per mmcfd whereas India offered 45 cents per mmcfd. In the end, all countries agreed on the fee of 50 cents, a senior government official said. Earlier, Afghanistan asked Pakistan and India to pay the fee in the form of gas but Pakistan opposed the proposal. In early February, Afghan and Pakistani officials had discussed three different proposals for the transit fee which included fee in cash or kind, a fixed fee in dollars on the volume of gas supplied or fee linked with per kilometre length of the pipeline. Petroleum Secretary Ijaz Chaudhry said Afghanistan and India would now seek the go-ahead from their governments for the fee. If the three countries sign an agreement for the fee of 50 cents, India will pay over $600 million per annum to Pakistan, which will make onward payment to Afghanistan, the official said. At the beginning of the project, Pakistan and India will receive 1.365 billion cubic feet of gas per day (bcfd) and Afghanistan will be supplied 0.5 bcfd. The Economic Coordination Committee (ECC) of the cabinet has already allowed the petroleum ministry to sign a gas sale and purchase agreement with Turkmenistan to push ahead with the $7.6 billion gas pipeline. The agreement is expected to be inked next month in Turkmenistan. Pak-India trade meets The Confederation of Indian Industries (CII) and the Pakistan Business Council (PBC) have joined hands with the media-led peace movement Aman ki Asha to hold annual business conferences in an attempt boost economic and business cooperation between the two nuclear-armed South Asian neighbours. The MoU signed between the Jang Group, Times of India (conceivers of Aman ki Asha), Pakistan Business Council and Confederation of Indian Industry states that annual conferences will be hosted alternately in India and Pakistan.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today hurdle in tapi gas pipeline removed Arab Today, arab today hurdle in tapi gas pipeline removed

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Haifa Wahby bets on her new drama show

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 15:06 2017 Saturday ,25 March

Dialysis Supplies Dwindle for Syrians

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday