GAIL to hold stake in TAPI as global firms shun 4-nation project

Last Updated: Monday, August 10, 2015, 18:16

The four nations planning the TAPI pipeline last week decided to co-own the project and a joint venture company with participation from each country would be set up to build and operate the over 1,800 line.

TAPI nations decide to co-own, develop $7.6 bn pipeline project

Last Updated: Thursday, August 6, 2015, 23:30

Unable to get an international firm to build their USD 7.6 billion project, the four nations involved in the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline Thursday decided to co-own the project with Turkmenistan's state company making majority investment.

PM Modi for early operation of TAPI; India, Turkmenistan ink 7 pacts

Last Updated: Saturday, July 11, 2015, 16:44

The TAPI gas project is an over 1,800-km pipeline with design capacity to supply 3.2 billion cubic feet of natural gas per annum from Turkmenistan to Afghanistan, Pakistan and India.

TAPI gas pipeline construction to take 5 years: Afghan Prez

Last Updated: Wednesday, April 29, 2015, 15:59

The construction of the USD 10-billion TAPI gas pipeline project will be completed in the next five years, Afghanistan President Ashraf Ghani said on Wednesday.

Stable policy regime must for investments in gas sector: Expert

Last Updated: Wednesday, February 18, 2015, 14:24

Slamming the new natural gas formula as making "no sense", world renowned energy expert Fereidun Fesharaki has said only guaranteed market prices along with stable policy regime would bring in investments from global majors.

TAPI pipeline: India asks Turkmenistan to ease rules

Last Updated: Wednesday, February 11, 2015, 18:58

With construction of the USD 10 billion TAPI pipeline stuck for want of a credible operator, India today pressed Turkmenistan to relax its domestic law to help get an international firm for building the project.

CAG seeks Oil Min response on transnational gas pipelines

Last Updated: Monday, September 23, 2013, 18:32

Government auditor CAG has sought Oil Ministry's comments on inadequate progress made in transnational gas pipeline projects including the Iran-Pakistan-India line.

Pak to skip US brokered TAPI pipeline talks in India over LoC tensions

Last Updated: Friday, August 23, 2013, 15:31

Pakistan has refused to participate in talks with India on the Turkmenistan-Afghanistan-Pakistan-India gas pipeline.

TAPI pipeline to be ready by 2017: India

Last Updated: Thursday, July 11, 2013, 19:17

The much-discussed Turkmenistan- Afghanistan-Pakistan-India (TAPI) gas pipeline will be built by 2017, Oil Minister M Veerappa Moily said Thursday.

Maritime crisis looms as two tankers stranded off Mumbai

Last Updated: Saturday, June 15, 2013, 20:26

Two huge oil tankers stranded off the Mumbai coast could pose serious risks of marine accidents and ecological problems.

Cabinet approves SPV for TAPI pipeline, GAIL to join

Last Updated: Thursday, February 7, 2013, 17:08

The SPV is required to have an initial contribution of $20 million made up of $5 million from an identified entity from each of the four participating countries.

Cabinet to consider SPV for TAPI project on Thursday

Last Updated: Wednesday, February 6, 2013, 13:41

Struggling to get global energy majors who can build the USD 9 billion TAPI gas pipeline, its four promoter nations have decided to float a special purpose vehicle to keep the transnational project alive.