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India to sign pact next week on TAPI gas pipeline; Iran snubbed

Daily Energy Dump

India to sign pact next week on TAPI gas pipeline; Iran snubbed

In another blow to Iran’s economy, a report today says India will sign an agreement to buy natural gas from Turkmenistan through a pipeline passing through Afghanistan and Pakistan, according to the Times of India. This U.S.-backed plan is an alternative to an Iran-Pakistan-India pipeline.

“The Union Cabinet on Thursday evening gave approval to state- owned gas utility GAIL India signing a Gas Sale and Purchase Agreement (GSPA) with TurrnenGas, Turkmenistan’s national oil company, on May 23/24 for buying gas through the USD 7.6-billion Turkmenistan-Afghanistan-Pakistan-India pipeline, a top official said. The 1,680-km pipeline from Turkeministan’s South Yolotan field, now renamed as Galkynysh, will run to Herat and Kandahar province of Afghanistan, before entering Pakistan,” the article says.

“In Pakistan, it will reach Multan via Quetta before ending at Fazilka (Punjab) in India. The pipeline would carry 90 million standard…

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